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Question - Write a 3 page paper about the book The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse Book by Mohamed A. El-Erian very important: write it in a way can present it, talk more about the (t-junction) and the (new normal).
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As per the description, the financial repression leads to two optional outcomes causing a junction of two future possibilities and one present financial flow. The concept of New Normal has been re-analysed with the help of a secondary outcome “T junction”.E-Elrian additionally incorporated some other parallel consequences including Multi speed growth, Multi track central banking, Growing pricing abnormalities through the west end part of the globe, Non-Economical headwinds, and the impact of certain disruptive innovations that come to macro regulators.
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