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home / news releases / GBIL - No Fix For Recession: Without A Financial Crisis There's No Central Bank Policy Fix


GBIL - No Fix For Recession: Without A Financial Crisis There's No Central Bank Policy Fix

There are no extreme "fixes" to secular declines in sales, profits, employment, tax revenues and asset prices.

The saying "never let a crisis go to waste" embodies several truths worth pondering as the stock market nears new highs. One truth is that extreme policies that would raise objections in typical times can be swept into law in the "we have to do something" panic of a crisis.

Thus, wily insiders await (or trigger) a crisis, which creates an opportunity for them to rush their self-serving "fix" into law before anyone grasps the long-term consequences.

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Stock Information

Company Name: Goldman Sachs Access Treasury 0-1 Year
Stock Symbol: GBIL
Market: NYSE

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