This is where they were in 2008. Back then, they hadn’t done three rounds of QE at the time either.
I look at QE like chemo. You do multiple rounds and hope the cancer doesn’t spread.
Now its everywhere. China’s over here putting on a brave face, handing over orders for planes. The Russians are about to raid SA and take it over to get them to stop low-balling oil to knock out Putin and Iran (they need oil up around $130 to be fat, $100 to break even).
EU is on its pratt. Millions of refugee invaders and their economies are already stressed to the max. The Brits want no part of it, and now VW is looking at billions in losses due to the EPA here in the USA.
And to get back on the thread, I’m sure you would agree that we’re much worse off than 2008 (since you mentioned the QE’s).
It would seem they’re running out of ammo to prop this thing up. Will they dare a QE4 and beyond?
You think Russia is about to raid Saudia Arabia?