A 'GLOBALLY SYNCHRONIZED DOWNTURN' THE CENTRAL BANKERS WILL FAIL TO STOP
Since the GFC the Global Real GDP of Advanced Economies has consistently not achieved the expectations of a "Synchronized Global Recovery". Instead we continue to fall short without accepting the realization that the Global Economy has begun a period of "Stagnation".
HERE WE GO AGAIN
Now we see the following occurring - A "Globally Synchronized Downturn"!
If Euro$ #3 brought out Trump, Bernie, Brexit, populism, AOC, socialism, European dissolution, etc., what does Euro$ #4 do? The Times was right about only the one thing. Had globally synchronized growth been as advertised it would’ve pushed the global trend back toward the center, reversing it away from the extremes. Synchronized downturn instead, not only does “popular discontent” spread further, the temperature of those already discontented will surely rise. If they distrusted the status quo after 2016…
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