Where global political turmoil will end is anyone’s guess
At an economic level the monetary policies that have been pursued with great gusto since the ‘Great Recession’ commenced, including zero interest rates and massive programmes of Quantitative Easing, are not having much in the way of a positive impact.
Indeed, there is now a growing and influential body of opinion suggesting that the longer-term negative consequences of these policies on savings and pensions could be detrimental to long-term global prosperity.
