Submitted by John Rubino via DollarCollapse.com,
China’s historic post-2009 debt binge flew largely under the radar - fooling most observers into thinking the global economy was recovering rather than just re-leveraging.
By Nick Colas of Convergex
10 Stats About The Last 10 Years
The non-European countries always enjoy themselves by pointing fingers at the weaker European countries as the main culprits of the current economic crisis and Greece, Spain and Portugal are always being targeted as ‘worrisome’ countries. Even China, which is still experiencing a growth rate of 6% is being used as a reason for the weak world economy. However, the situation of the US economy isn’t that great at all.
Is it possible to time the market cycle to capture big gains?
Like many controversial topics in investing, there is no real professional consensus on market timing. Academics claim that it’s not possible, while traders and chartists swear by the idea.
Helicopter money may be on the horizon, but if Deutsche Bank has its way, there is at least one intermediate step.
According to DB's Dominic Konstam, now that the benefits QE "have run their course", it is time for the next, and far more drastic step: "the ECB and BoJ should move more strongly toward penalizing savings via negative retail deposit rates or perhaps wealth taxes. With this stick would also come a carrot – for example, negative mortgage rates."