The Synchronized Growth Fallacy (Interview at Real Vision)
Central banks have told us about synchronized growth. Developed countries are growing with emerging markets also keeping pace. Unfortunately, this growth is actually an increase in debt.
This will create problems going foward when the central ban to tend to this if things slow down. At present, we see a reward for the inefficient use of capital.
Read entire interview:
https://www.dlacalle.com/en/the-synchronized-growth-fallacy-interview-at-real-vision/
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