> ...these moves by the Fed and governments are the equivalent of flooding a drought stricken area with water for a few days. It feels like a relief, but if the

> ...these moves by the Fed and governments are the equivalent of flooding a drought stricken area with water for a few days. It feels like a relief, but if there is no rain in the months after, it does little good. That's a very insightful metaphor. At this point, after 12 years of QE policies that were meant to maintain the status quo, it's clear that the global economy is failing. Those "floods" of liquidity don't have any connection with actual value. They're just there to maintain the illusion of growth. Without central banks propping up stock markets, the entire globe would have already been deep in a painful unprecedented contraction. At some point all this will unravel. Just like actual floods where a huge quantity of water washes the landscape, removing topsoil and flowing to the sea, so will those ever-growing floods of make-believe money wash the economy, removing what little real value still exists, and disappear into nothingness.