Current asymetry in risk is ‘normal’ – no admission that their policy is the CAUSE! ….and pray tell how long can this normal be sustained….. the idiocy is incensing!
The patient, markets not the economy still needs life support – 6 years later. They won’t admit failure of monetary policy to make up for the devestating effects of fiscal policy. There is no way I’m buying into this market. Fiscal policy is hollowing out of the drivers of growth and this is slowly being realized until the shell implodes. We are so screwed.
Current asymetry in risk is ‘normal’ – no admission that their policy is the CAUSE! ….and pray tell how long can this normal be sustained….. the idiocy is incensing!
The patient, markets not the economy still needs life support – 6 years later. They won’t admit failure of monetary policy to make up for the devestating effects of fiscal policy. There is no way I’m buying into this market. Fiscal policy is hollowing out of the drivers of growth and this is slowly being realized until the shell implodes. We are so screwed.