Post-2008, low interest rates and debt-driven growth have led to asset inflation without real value creation. Policymakers have avoided necessary changes, risking future financial instability by prolonging an unsustainable debt economy.
Post-2008, low interest rates and debt-driven growth have led to asset inflation without real value creation. Policymakers have avoided necessary changes, risking future financial instability by prolonging an unsustainable debt economy.