Surveillance: Certain Recession with Laidler
Bloomberg Surveillance
00:00
Are We in Global Recession?
There's a global shift towards a higher returns environment, but you can't get there all in one go. There are these sort of powder kegs of financial accelerators that have been left behind by the period of low yields in the 2010s. Trying to do that in one mini cycle is just too much for the real economy and for financial markets. The quantitative easing this time around is going to look very different.
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