That's what Mr. Singer has said....wonder why this is taking years to realize when it should have been noticed the very day day all these easy money policies took place...it doesn't take a genius to figure out that the fed has made things even worse, its just going to be well after the crisis is here that everyone realizes the damage they have caused to the global economy....with trillions and trillions in debt now any slight shift will cause panic and crisis. http://www.cnbc.com/2016/09/13/elli...olicy-have-not-led-to-sustainable-growth.html