The Next Global Meltdown is Baked In

Connecting the Dots Between Oil, Debt, Interest Rates and Risk by Charles Hugh Smith http://charleshughsmith.blogspot.jp (June 30 2014) The bottom line is the Federal Reserve Bank ("Fed") can only keep the machine duct-taped together by suppressing the market's pricing of risk. One of the Grand Narratives of our era is the substitution of debt for … Continue reading The Next Global Meltdown is Baked In