{"id":2486,"date":"2007-08-31T13:58:47","date_gmt":"2007-08-31T13:58:47","guid":{"rendered":"https:\/\/mmm.9dotdigital.ca\/?p=2486"},"modified":"2025-03-27T15:48:32","modified_gmt":"2025-03-27T15:48:32","slug":"what-liquidity-shortage","status":"publish","type":"post","link":"https:\/\/mmm.9dotdigital.ca\/?p=2486","title":{"rendered":"What liquidity shortage?"},"content":{"rendered":"<p>Gloom-mongers think a credit crunch will slow global growth, hit corporate earnings and weaken stock markets. They could be right but I am not betting that way. A key reason is the strength of global money trends. G7 real broad money growth is running at 7% year-on-year, the highest for five years and far above industrial output expansion of 2%. This implies there is &ldquo;excess&rdquo; money available to support economies and markets.<br \/><span class=\"full-image-float-left\"><img decoding=\"async\" style=\"width: 500px; height: 298px\" alt=\"g7-industrial-output.jpg\" src=\"\/storage\/g7-industrial-output.jpg\" \/><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gloom-mongers think a credit crunch will slow global growth, hit corporate earnings and weaken stock markets. They could be right but I am not betting that way. A key reason is the strength of global money trends. G7 real broad money growth is running at 7% year-on-year, the highest for five years and far above [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2486","post","type-post","status-publish","format-standard","hentry","category-money-moves-markets"],"_links":{"self":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2486"}],"version-history":[{"count":1,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2486\/revisions"}],"predecessor-version":[{"id":4795,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2486\/revisions\/4795"}],"wp:attachment":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}