The Usual Stimulus Tricks Won’t Work This Time Around Authored by Charles Hugh Smith via substack, The global economy is slowing, and central banks and governments are deploying the usual stimulus tricks: 1) lowering interest rates to encourage more borrowing and spending, and 2) running large fiscal deficits so government spending fills the gap left by sagging private-sector spending. But these usual stimulus tricks won’t work this time around, and the reason why is very simple: all the conditions that allowed these tricks to work were one-offs that are now done and gone. These one-offs weren’t policies that can be tweaked or… — Continue at ZeroHedge News : Read More