Economic ‘zombification’ here to stay

CNBC/Vicky McKeever/10-28-2020

“Agathe Demarais, global forecasting director of the Economist Intelligence Unit, suggested that those ‘zombie’ features previously associated with the ‘Japanese economy — slow growth, low inflation, and high debt — will become common across advanced economies’ following the pandemic.”

USAGOLD note:  Zombification is here to stay because from the perspective of the Federal Reserve and much of Wall Street there is no alternative. Let them go and they will take the economy with them ……

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