Low interest rates for the long haul

Tim Farrelly | farrelly's Investment Strategy | 18 April 2013

Over the past year, I've described at length how high levels of government debt throughout much of the developed world will have several long-term impacts. These include:
- Much lower than usual growth in the developed world;
- Low or moderate inflation in the countries with high government debt;
- Central banks in those countries maintaining low interest rates;
- Financial repression in those countries by means of ...