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Howard Marks on China, Risk, and Interest Rates
Motley Fool Money
The Fed Made the World an Easy Place
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Since the global financial crisis, which ended in 2009, we've been living in a world which was engineered to be an easy world. The Fed had to save the country and the world from theglobal financial crisis. It did so by drastically lowering interest rates and increasing liquidity through quantitative easing. And those two changes had many ramifications; they made the world an easy place.
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