The document discusses the correlation between breaks from gold-based currencies and financial crises, highlighting the instability of fiat currency systems. It suggests that the current global economy is prone to cycles of booms and busts due to heavy intervention and lack of natural credit restrictions. The study predicts another financial crisis due to the unwinding of central bank balance sheets and high government debt.
doj/DataSet10/EFTA01384456.pdf
{"title":"Long-Term Asset Return Study: The Next Financial Crisis","document_date":"2017-09-18","document_type":"financial","key_organizations":["Deutsche Bank"],"reference_numbers":["DB-SDNY-0084654","SDNY_GM_00230838","EFTA01384456"]}