When everyone is thinking the same thing it’s likely no-one is really thinking. Stock markets today are at all time highs, housing markets globally are in a bubble, and companies who haven’t ever made a penny of profit are being floated for eye-watering sums, whilst behind the scenes, central bankers are keeping the whole façade alive.
Anyone could be forgiven for feeling that the global economy has a 1920’s kind of feel to it?
On this episode, we discuss if history will repeat itself and if so, where next for global money markets?
Host Ross Ashcroft is joined by Mitch Feierstein, investor, hedge fund manager and author of the book ‘Planet Ponzi.’