WSJ OpEd vs. actual chart of actual bubbles. Bubbles and excessive debt causes 2 / 2 of last two recessions 🤨(and most major crashes in world history). The 1st two bubbles depicted on these two WSJ and Silicon Valley Bank charts are ~historical record~. Where are we today?👇 pic.twitter.com/cBBGcg1E8K
— M/I_Investments (@MI_Investments) August 21, 2018
Japan is the poster child of QE on steroids as the BOJ balance sheet went from 30% of GDP to over 100% since 2013 and got little in return. The carry trade funneled a lot out of the country. It helped inflate the world instead. if Abenomics fails, and money is taken home…☠️ pic.twitter.com/j8l1gLSo5W
— M/I_Investments (@MI_Investments) August 21, 2018
— M/I_Investments (@MI_Investments) August 22, 2018
Only in a ridiculously distorted world with $15T global QE, 0% rates, govt's running up HUGE deficits to dupe the public that it's growth + a feckless media than panders to both would this madness be possible. Media congratulating Greece for coming out of 'crisis' this wk
🤨👇 pic.twitter.com/XWToqaN0TN— M/I_Investments (@MI_Investments) August 21, 2018