QE w/o requiring gov'ts to reform in exchange might turn out to be the greatest financial folly in history. Then encouraging it to go global like that, now $27T. Structural problems/debt much worse now #Idiots@EricRosengren @RobSKaplan @neelkashkari @marydalyecon @RaphaelBostic https://t.co/D9eYHquWv1
— M/1_LP (@MI_Investments) October 12, 2020
Using the latest data from the @FederalReserve, these striking @economics charts shed light on wealth distribution in the US, including recent changes.#Fed #wealth #inequality pic.twitter.com/s6yIhzeKNR
— Mohamed A. El-Erian (@elerianm) October 12, 2020
BOJ is the “whale in the pond” of Japanese financial markets: Has over 70% of ETF market. Share of corporate debt and commercial paper quickly building -> it is beginning to affect markets well beyond government debt. https://t.co/11JN9lfExk pic.twitter.com/86nuLNJZDU
— Adam Tooze (@adam_tooze) October 12, 2020