Since the 1970’s with the advent of free floating currencies and free market capitalism the global economy has progressed at unsafe speeds powered by a seductive credit machine that will gladly foster consumption today for payment tomorrow. A tomorrow that never comes! Deep down we know that our ego has…
Bernanke’s 2013 exit may be well timed After all as his near solo effort to add or influence unlimited reserves to all central banks is showing renewed signs of success. It takes a long time to deleverage the private economy after decades of debt binging. Central Banks have kept providing…
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