Billionaire power broker Paul Singer thinks easy money policies have failed miserably… Singer founded Elliot Management, a hedge fund that manages $27 billion. He generated an average annual return of 14% from 1977 to 2012. […]
The net result is nonsensical policies that fail to achieve their stated objectives. CHARLES HUGH SMITH We live in an era of illusion: the illusion of understanding, and the illusion of control. Few institutions reflect these […]
by Martin Armstrong While so many people claimed that Quantitative Easing (QE) would produce inflation since it was the creation of money, the truth is very far from this simplistic idea. The theory used by […]
John Rubino The UK’s Guardian newspaper, of Edward Snowden leaks fame, just published a good overview of the world’s recent financial missteps titled The world economic order is collapsing and this time there seems no […]
By Vanessa Collette “What’s going on is the American dollar is being destroyed before our very eyes, the US government is critically over-indebted, the average US citizen is critically over-indebted, the standard of living of the […]
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