“Normalization” … “It wasn’t enough” … “Repeat” … “This time is different”

Central Bank Balance sheet vs GDP

Swiss National Bank 125%

Bank of Japan 100%.

PBOC 41%

ECB 41%

Federal Reserve 20%

Bank of Emgland 20%

“Normalization”

“It wasn’t enough”

“Repeat”

“This time is different”

— Daniel Lacalle Official Account (@dlacalle_IA) November 13, 2018

#China real M1 0.2%yoy… pic.twitter.com/hP8mTLCSXu

— Cantillon Consulting (@CantillonCH) November 13, 2018

"When will it all go wrong?": Europe becomes Ground Zero for global credit fears https://t.co/Y5JpXI4GTq via @markets

— Laura Benitez (@lauralevfinance) November 13, 2018

https://twitter.com/hks55/status/1062459488807063554