As long as it is around, people will be trying to grab a hold of this money stuff.
They will kick and scream and throw all sorts of toys around if they don’t get what they think is `their share`.
There is going to be a lot of screaming~!
Money has been borrowed on the understanding that it will be paid back with interest.
Money has been put into pension funds on the understanding that the pension pay-out will be (a lot) more than paid in.
Insurance companies take premiums and invest them so that large pay-outs can be made.
All of the above is based on the idea of growth.
A lot of growth.
These `money functions` are at the heart of modern civilization.
When these functions come under pressure, government will come in behind them with guarantees (to save civilization).
When these guarantees are seen not to be enough……..They will instruct their central banks to print up the money to fill the holes.
GDP and things.
**Click away. I am in the darkness**And….Sorry but numbering of charts is a bit squiffy, but a bit of stabbing around and you’ll be OK**
Silly US politicians, US deficits, Silly Euro politicians, Emerging markets no-go, UK to shrink, Soros’s Bretton Woods, UK shrinking, Who’s working now~? Fed Fisher, Egypt is not sorted.
The dictators were good for the oil supply, World PMI’s are good, Is it worth going to college, US manufacturing, Predatory lending, UK growth was good, King shouts `watch out~!`, France, Greece, Ireland.