David Lin: Massive Liquidity Shock Coming, Brace for Wrecking Ball Warns Economist

In the current economic landscape, understanding the ebb and flow of global liquidity has become more critical for investors than ever before. In a recent, comprehensive interview with David Lin, Michael Howell—founder of GLI Indexes and author of Capital Wars—offered a sobering look at how tightening global liquidity is reshaping financial markets, influencing inflation, and dictating the future of the world economy. Howell notes that we are currently navigating the aftermath of an unprecedented liquidity surge triggered by the global pandemic. This boom peaked around late 2025, and since that turning point, the growth of global liquidity has steadily decelerated. This…