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comment by kleinbl00
kleinbl00  ·  2993 days ago  ·  link  ·    ·  parent  ·  post: Is Japan's central bank about to blow up the market?

There are two competing narratives:

1) The central banks are keeping liquidity up and maintaining commerce such that we have avoided the recession w00t w00t

2) The central banks are kicking the can down the road and eventually we'll run out of road OMFG

I think most macro-economists wouldn't point to Asia. they'd point to Asia and Europe and the Americas, likely in that order.