Financial Gurus Howl over What EIR Has Forecast for Years: Their System Is Set To Explode

Jan. 15, 2020 (EIRNS)—“The party’s over for the biggest equities bubble in history,” a distraught article by Tom Rees in today’s Telegraph pronounced. “It is a daunting task for central banks to wean the market off its stimulus addiction.” Rees reviewed the way in which the policy of quantitative easing and zero or negative interest rates pumped money into the system in the aftermath of the 2008 crisis, and then stated:

“Some now fear the stimulus that stopped the economy sliding into an economic depression could sow the seeds of the next market crash. Meanwhile stocks are also being pumped up artificially by new market trends unique to the post-crisis era, from the boom in stock buybacks to the meteoric rise of passive investing. How did we reach the point where the game became fixed for stock markets? And is 2020 the year it could all turn sour?”