The Cost Of Code Red

This article has astonishing insight on current thinking at the higest level of central bank policy discussion. Very clearly there is growing awareness that over the last 5 years their policies have not provided anything close to a durable economic resolution and now there is very limited room for manoeuvre.
http://d21uq3hx4esec9.cloudfront.net/uploads/pdf/140426_TFTF2.pdf

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