Even though the US authorities stopped their quantitative easing programme the same cannot be said of the European Central Bank and the Bank of Japan. As a consequence many people believe we are on the verge of a significant stock market crash with history suggesting that quantitative easing, effectively the printing of money, to the current level does not bode well. A report looking back over 8000 years of human history shows no examples of a “soft landing” for such levels of quantitative easing. Indeed history shows us that even the Romans got it wrong when their economy collapsed! Read full article
