Friday, July 13, 2018

The Ponzi Economy

Quote of the Day:

The lesson to be learned from quantitative easing, zero-interest rate policy, and the bubble advance of recent years is simple: one must accept that there is no limit at all to the myopic speculation and self-interested amnesia of Wall Street. Bubbles and crashes will repeat again and again, and nothing will be learned from them.

https://www.zerohedge.com/news/2018-07-12/ponzi-economy-will-lead-next-financial-crisis

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