The Nicole Foss put together an outstanding summary of the credit bubble known as modern finance, and how a severe deflationary depression will inevitably result.
I'm glad to see her writing again, that baby-killer Ilargi has been too vocal and too annoying with his screeds against The Hun throughout the entire deadbeat-Greek crisis.
2 comments:
Are we likely to see an inverted yield curve prior to this deflationary spiral?
Interesting move on BPSX.
http://stockcharts.com/freecharts/gallery.html?$BPSPX
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