Bob Janjuah Explains All That Is Wrong With The Financial System (And Remains Bearish)
by Tyler Durden
ZeroHedge.com
Jul 1, 2016
“By dumping the responsibility for the heavy lifting for growth on central banks, we have ended up with asset bubbles, rampant speculation, lack of investment in productivity and in the real economy, significant levels of financial engineering to artificially boost earnings, and merely the (now failed) hope that “trickle down” still works. The outcome has been almost unprecedented levels of rising inequality in the global economy. I suspect that it is this inequality that was behind a fair chunk of last week’s Brexit outcome and which has driven the rise of extremism across other important nations/blocs.”
The Rest…HERE
