Comments (2)

  1. Alan winterbotham says:

    Great analysis, David.
    Who would have thought it would be like this back in the dean witter days.

  2. Al Prince says:

    A concise summary of the impossible situation we find ourselves in and the sophistry of the central banks. MMT and NIR – a dream come true. As you stated it would be funny if the consequences weren’t so dire.

    A great read, as always, Mr. Hay

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