Picturing Our Dystopian World - Where Less Is More

The economic growth expectations for the world in 2014 just plunged to fresh lows at a mere 2.78% - that is 15% "less" growth than was expected a year ago. The world's equity markets are up 25% "more" than at the start of 2013. Thus, our dysfunctional dystopian world where 'less' economic growth is 'more' wealth-creating. Long live the central bank utopia...

 

MSCI World (green) vs 2014 World GDP expectations (red)

 

Chart: Bloomberg

h/t @Not_Jim_Cramer