Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
A counter argued by Paul McCulley is that real GDP is growing and will continue to grow faster than real debt.
Which will be the way out, hopefully, of the liquidity trap and back on the road to industry investing again, employment rising again, consumers spending again, real estate purchasing again, etc.
Comments
A counter argued by Paul McCulley is that real GDP is growing and will continue to grow faster than real debt.
Which will be the way out, hopefully, of the liquidity trap and back on the road to industry investing again, employment rising again, consumers spending again, real estate purchasing again, etc.
And, the continued ascent of equities.