Thursday, July 05, 2012
QE Shoring Up Markets
Consider where the reinforcing loop between Box 2 and Box 3 has gotten us! Now Box 2 is fed by the action of central banks printing money (Box 8)
Regulation (Box 10) has been stymied by lobbies and special interest. This is an untenable situation. It looks like we are not going to build a new world that can fuel growth beyond the capacity of the economies until this NaviMap is completely reshaped into something quite different. Box 9 and Box 3 are the places to watch, but Box 7 is key to determining what they might be.