THE GLOBAL ECONOMY IS UNWINDING AND THE CENTRAL BANKS ARE LOSING CONTROL

https://williamstickevers.wordpress.com/2015/10/01/the-global-economy-is-unwinding-and-the-central-banks-are-losing-control/

It appears the world’s central planners’ print-or-die policy to create economic growth and wealth has failed – and failed dramatically –  BIG TIME! And despite endless interest rate cuts and debt balance sheet expansion of the Central Banks around the world, the last 4 months have seen an 18% collapse – the largest since Lehman Crisis in 2008.
The velocity of money (M2) has fallen to an all-time record low.  The velocity of money (M2)  is a significant measure of economic activity for M2 measures the movement of the nation’s money supply that includes cash and checking deposits that include savings deposits, money market mutual funds and other time deposits.