The cure for the GFC is beginning to look like it was worse than the disease.

Stimulus May Come Too Late for U.S. Businesses Already Stretched

This is the start of a Tsunami of deflation. Gov/Fed/Banks are hopeless in saving this.

Japanification and fear for slow growth when this is over

And last week about japanification and Japan’s economy. We can see that big indexes in Japan still are lower than they were 20/30 years ago due to an elder pop, low interest rates etc etc.. explained in this 5min vid ‘www.youtube.com/watch?v=zZMY1e7j134

Irresponsible policy from the Federal Reserve made the coronavirus crisis worse than it had to be.

AC