Reinventing the Global Economy Is the Only Way Out

As I’ve written previously, central bankers received a lot of criticism over the last year or two as the global economy has stubbornly refused to recover from the Great Recession at anywhere near the rate of past post-recession growth cycles. Economics has come under fire along with other “establishment” institutions that are perceived as uncaring and out of touch. The criticism grew more intense—and more effective in the past year as Brexit and then the Trump victory occurred.
The Market Oracle

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