BURNanke was clearly hoping for a good excuse to double QE so he could one up ABE - jobs number certainly was as good as any…too bad QE is dead, unmarketable and finished. Ben has to deal with insolvent US banks and bank runs…Funny, I thought BAC as in such good health that they were authorzed to buy their own shares back and pay dividends…YEAH RIGHT BEN!
I think ‘ll buy some DX dollar contracts.
Economics and the Infantilization of Culture
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The yearning for a state-controlled system is not born of compassion for
others but rather of infantile selfishness.
2 hours ago
