https://www.bangkokpost.com/opinion/opinion/1758639/fresh-qe-wont-stop-global-recession
A Thai PHD economist forecast that an unavoidable global recession was coming but a US PHD economist (Janet Yellen) didn't think so.
http://sg-stock.blogspot.com/2019/08/a-billion-dollar-question-will-us-enter.html
Why is there such a discrepancy?
Well, different people interpret the same set of data differently and this is the drawback of empirical research which is interpretation based on observation. Thus, we can find economics noble laureates disagree amongst themselves too. In fact, scientific researches are empirical in nature too.
We had stated previously that QE or ME should be used as a last resort because it was a double-edge sword.
https://sg-stock.blogspot.com/2019/09/monetary-easing-ma-policy-should-be.html
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