Making money in a sustainable environment as opposed to a strong growth model
As the newspapers are increasingly focusing on the theme that zero to low interest rates are not proving effective in stimulating growth, whilst at the same time failing to offer alternatives, stock market investors can reasonably wonder where this is taking us. The world is suffering from a lack of aggregate demand, which leads to a lack of growth. Without that demand there will be no inflation, so the issue is how to stimulate demand. Cutting prices would only be deflationary and so governments won't go there. So, does anyone have any ideas?