8 out of 10 largest economies have zero interest policies. 8 out of 10 government deficits more than 9% GDP (Canada, solution)

[lovecrowds]

Interesting, how so many countries have skyrocketing stock markets, real estate markets, inflation all at the same time from doing the same economic policy of printing massive amounts of their currencies out of thin air and near or zero interest rates.

Wow, seems like Canada, Japan, Germany, UK, Italy, Japan are printing up a storm just like the United States.

I never knew Canadians loved debt even more than Americans.

Canada has near zero interest rates and massive economic bubbles like America. Canada also has the largest budget deficit as a percentage of GDP.

Seems like 8 out of the 10 largest economies have zero-interest rate policies with rates near or at zero.

Also 8 out of 10 largest economies running deficits of 9% of GDP.

https://tradingeconomics.com/matrix?g=top

[sholomar]

It's a crisis of inept management, and these people who support it deny it's a problem even to this day, because they see their stock portfolio go up and it's all they care about. It's more selling out of the future to gain in the now. You can't defy the laws of nature and karma forever, and it will catch up to these people and countries. All of nature is cycles, vibration, frequency... it's impossible to stop it in the long run. Entropy will win in the end.

The systematic problems causing the need to do this have not gone away, so what they are doing amounts to a band-aid solution when surgery is needed. Mostly what we have now is leadership that wants to keep their cushy jobs and point fingers when things go wrong, so nobody wants to rock the status quo until it's too late.

[Buckeye77]

{shrug} pardon me if I don't see the need to wring my hands and clutch my pearls. Feel free to go to some country you might prefer.

Here's a nice little condo in Venezuela you might be interested in:

https://www.century21global.com/prop...1125843558-USD

[hawkeye2009]

Originally Posted by lovecrowds

Interesting, how so many countries have skyrocketing stock markets, real estate markets, inflation all at the same time from doing the same economic policy of printing massive amounts of their currencies out of thin air and near or zero interest rates.

Wow, seems like Canada, Japan, Germany, UK, Italy, Japan are printing up a storm just like the United States.

I never knew Canadians loved debt even more than Americans.

Canada has near zero interest rates and massive economic bubbles like America. Canada also has the largest budget deficit as a percentage of GDP.

Seems like 8 out of the 10 largest economies have zero-interest rate policies with rates near or at zero.

Also 8 out of 10 largest economies running deficits of 9% of GDP.

https://tradingeconomics.com/matrix?g=top

They need zero interest rates so they can pay the interest on their debt.

The problem occurs (like now) when you have rising inflation and the Fed unwilling to hike interest rates, as the government does not want (and cannot have) higher interest rates.

With the Fed not willing to raise interest rates, we can expect more and more inflation. It is like having a run away train with no brakes.