The Myth Of Synchronized Growth And The Era Of Secular Stagnation

“…there is no synchronized growth, there is only synchronized debt… which along with more demand-side policies, and constantly subsidizing and bailing out the lower productivity sectors in order to avoid pain, generates lower growth, low productivity, and obviously, higher debt. Secular stagnation…”

https://www.zerohedge.com/news/2018-10-14/myth-synchronized-growth-and-era-secular-stagnation