Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason – QE is not going away for a long time.
![Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason – QE is not going away for a long time.](http://cdn.quoteddaily.com/images/jeffrey-gundlach/quantitatve-easing-is-not-going-away-every-major-country-is-running-a-deficit-if-they-are-all-net-borrowers-then.jpg)
Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason – QE is not going away for a long time.