- Central banks didn’t manage to tighten at all up to 2020 and this led to high inflation and economic stagnation.
- Developed countries’ currencies significantly depreciated while emerging markets gained in strength due to their high productivity levels.
- In 2020, financial markets became rational again as eventually, fundamentals have to come first.
I somehow managed to go to the future to the 16th of June 2020. However, I was only there for a few seconds and only managed to check on Investiv Daily.
I found an article that explains with perfect 20/20 hindsight what has happened in this decade and how everybody was blind to what was going on. I’ve copied the article here in order to give you a look at how the next few years will play out. More →