Global Central Banks Weigh Tighter Policy As IMF Warns Of Debt Crises
Central bankers are losing sleep over escalating Middle East energy shocks and IMF warnings of a looming global debt apocalypse, yet the biggest financial crisis in Pescadero is running out of Pacifico before sunset. While the rest of the planet panics over stagflation and soaring energy costs, the only tight monetary policy enforced around here is asking your gringo neighbor to spot you for a round of margaritas. Let the macroeconomic pillars of civilization crumble into dust; the swell is firing and the lime supply at the palapa is officially infinite.