
We're at a Big Macro Turning Point
Real Vision: Finance & Investing
00:00
The Transition to COVID
There was a feeling that we were running into a dead-end street, i.e. debts were still piling up. And then we have COVID, we now have a bit of inflation. I think it's been quite a strange change because we've gone away from the world is going to end because we're going to implode with debt. Actually, we can get real growth coming and we can grow our way out of that. It isn't just the level of interest rates that matters but how quickly incomes are growing as well.
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