yep the yield curve is a non event, it makes sense out of markets that are no longer readily tradeable with historical indicators a variation of this left field theory happened prior to the great depression when they increased taxes, indirect taxes in every country now are enormous however unlike the the depression they will lower rates risk the bankruptcy of economically small nations perhaps reach some point of stability on the bond markets and hope they can move forward from a low base restore confidence excite borrowing perhaps with property taking a unilateral hit and keep the business world churning cash and employment growth albeit with low wage growth because inflation will not work on this scale, I dunno just looking for ideas , a reality for a new paradigm
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