SHY - A Global Economic Ice Age Is Coming

• The last ice age lasted a very long time and caused a significant regression in the biological advance of life on earth.
• I think we are on the verge of entering into a new kind of ice age — an economic one — around the world today.
• Massive debt loads weigh down the economy in every sector, forcing central banks to fight tooth and nail to keep interest rates low.
• Meanwhile, demographic researchers recently posited that the peak of human population on the planet is coming much sooner than previously expected and will decline rapidly afterward.
• Though GDP growth should remain sluggish, at best, some asset classes should perform well in an "economic ice age" environment.

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