What indicators would show the music is about to stop? Are there any movements regarding regulations to allow the banks to increase exposure? Or are we entering the financial repression era as Napier would put it where Pension Funds will be "forced" to buy in?
Numerous phantoms, and yes, repression is, of course, on the table. We shouldn’t be surprised because authorities have had plenty of practice of repression since 2008.
What indicators would show the music is about to stop? Are there any movements regarding regulations to allow the banks to increase exposure? Or are we entering the financial repression era as Napier would put it where Pension Funds will be "forced" to buy in?
Numerous phantoms, and yes, repression is, of course, on the table. We shouldn’t be surprised because authorities have had plenty of practice of repression since 2008.
Great comments
Thank you Janet. I was inspired by Dinah Washington!