Spot The Mal-Investment Boom

Tyler Durden's picture

It's hard to avoid the feeling that the world is over-supplied...

 

Spot the credit-based mal-investment boom

 

One of these things is a non-financialized index of real transaction costs in the real world... and the other is an index of assets that are heavily financialized...

It appears the artificially-inflated financialized 'boom' has busted...