Are we at the end of the debt supercycle?

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  • An unanchored monetary system (not backed by a commodity) which allows lots of liquidity creation and can allow massive imbalances to grow
  • Financial deregulation post-1980s which has allowed mortgages to be purchased with lower and lower capital
  • Targetting of CPI allowing more credit to be created

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GDPLive is a world-first real-time GDP forecaster, which uses big data and AI to form estimates of economic activity in NZ. Go to: www.gdplive.net

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GDPLive

GDPLive

GDPLive is a world-first real-time GDP forecaster, which uses big data and AI to form estimates of economic activity in NZ. Go to: www.gdplive.net