Notwithstanding some nervousness about the recent rapid rise in inflation and its potential future path, financial repression continues apace. Fiscal stimulus usually associated with war time is being applied to the “war” on climate change and inequality. The stimulus will continue. All grist to the mill of the Exponential Age.
Housing matters in Anglo-Saxon economies… a lot. There is a dark cloud on the horizon for US Housing. We take a peek inside the curtains.