Global View February 2016: Goodbye Global Liquidity... Hello Black Hole

by Michael J. Howell13. February 2016 12:46

Could this be the week when the World’s two most celebrated General Theories were proved correct? Keynes’ General Theory of Money and Einstein’s General Theory of Relativity. Both spell out the dangers of black holes. But whereas the risk of Earth disappearing into a cosmic black hole may be hypothetical, the liquidity black hole in global credit markets is here-and-now. Watch-out, we are being sucked in!


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