the next burst in global liquidity/larger financial crisis will only happen after several more rounds of QE the next round of QE is close, but hasn’t even started yet and rates were not cut. however, the next big debt refinancing is underway

Illya Gerasymchuk 2025-08-20 20:42

still, at some point QE's won't be able to prevent a prolonged negative impact on the market - the top of the cycle or close to it we're not there yet