Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
@Purpleg Well yeah doomsday clock is 1 minute to midnight. Not a good time to be heavily into the stock market. But OPEC don't normally let market decide the price
Not a big factor tbh; this is global slowdown leading to a mega financial economic crash.
My money is on the Central Banks/Govts implementing a new and more potent alternative to QE within the next couple of years.
It seems to me that QE only really managed to shoot asset prices through the roof and stored up a whole lot of problems that will need to be sorted out in future. Even the inventor of QE says it wasn't done right: UK QE has failed, says quantitative easing inventor - BBC News
Ofcourse, exactly how it's all going to play out is anybody's guess.
My money is on the Central Banks/Govts implementing a new and more potent alternative to QE within the next couple of years.
It seems to me that QE only really managed to shoot asset prices through the roof and stored up a whole lot of problems that will need to be sorted out in future. Even the inventor of QE says it wasn't done right: UK QE has failed, says quantitative easing inventor - BBC News
Ofcourse, exactly how it's all going to play out is anybody's guess.
QE hasn't failed. It was there to enable the hyper wealthy to avoid any impact of the bank bailouts by boosting asset prices held by the global elite. In this respect it has achieved 100% what it was put in place to do.
Comment