Pushing Economies To The Edge

Crispin Odey used his keynote speech at the recent Guernsey Funds Forum in London to urge investors to return to the 'first principles' of investment

The quantitative easing measures of the last nine years, in the US, UK and Europe, have grossly inflated asset prices and financed disruptive technologies which now threaten growth and employment in many industries, according to internationally renowned hedge fund manager Crispin Odey.

The founding partner of Odey Asset Management, who was the keynote speaker at the recent Guernsey Funds Forum, told the London funds audience that Central Banks have caused 'financial repression on a global scale' as near-zero percent interest rates make economies 'sloppy and weak'.