3 ms·
No. The world is close to being in a recession. Germany just avoided it by posting 0.1 percent quarterly growth. Asset valuations would crater without these mon
by carlsborg 7y ago
No. The world is close to being in a recession. Germany just avoided it by posting 0.1 percent quarterly growth. Asset valuations would crater without these monetary injections, pulling the global economy further down in a viscous cycle. Not something you would want at this point of time if you were at the decision making table.
- raducu 7y agoThis reminds me about disciplining your children -- if you allow for such arguments "now is not the right time" -- you will end up with spoiled children, because it is never the right time, discipline, be it financial discipline should be a constant first principle or there is no discipline whatsoever. We did not discipline the people creating the 2008 subprime crisis because it was not the right time to do it, and now they are running the show and fucking up the whole world economy.