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With the current low interest rates there's no capitalism in the world, just crony capitalism, which inflated some asset classes, like the housing market, stock
by xiphias2 8y ago
With the current low interest rates there's no capitalism in the world, just crony capitalism, which inflated some asset classes, like the housing market, stock market and private companies that plan to go to the American stock market.
This problem will be corrected in the next 10-15 years, but it won't be an easy ride.