Kristalina Georgieva, head of IMF, said there are disturbing signs of an asset bubble
and acknowledged that the side-effects of ultra-low interest rates and quantitative easing are becoming more treacherous.
Mrs Georgieva said global debt has mushroomed to $188 trillion but even this has still failed to lift the major economies from the deflationary danger zone.
Much of the stimulus has leaked out into asset markets and fed an indiscriminate hunt for yield.
Ambrose 24 January 2020
Mrs Georgieva said global debt has mushroomed to $188 trillion but even this has still failed to lift the major economies from the deflationary danger zone.
Much of the stimulus has leaked out into asset markets and fed an indiscriminate hunt for yield.
Ambrose 24 January 2020
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