Archive - Jun 2, 2012 - Blog entry
Devaluation Disregarded
Submitted by Michael Victory on 06/02/2012 20:04 -0500A Micro-Movie on denial and the dollar.
On Shills, Technocrats, Politicians and the Sinking Ship
Submitted by Bruce Krasting on 06/02/2012 15:43 -0500Excuse a rant...
The Fed in a Vice: an Ugly Jobs Report, Romney, & Obama
Submitted by testosteronepit on 06/02/2012 14:36 -0500Despite - or because of - years of ineffectual gyrations by the Fed
Systemic Risk: Why This Time IS Different and the Central Banks Won't Be Able to Stop the Crisis
Submitted by Phoenix Capital Research on 06/02/2012 11:57 -0500
To be clear, the Fed, indeed, Global Central Banks in general, have never had to deal with a problem the size of the coming EU’s Banking Crisis. I want to stress all of these facts because I am often labeled as being just “doom and gloom” all the time. But I am not in fact doom and gloom. I am a realist. And EU is a colossal mess beyond the scope of anyone’s imagination. The World’s Central Banks cannot possibly hope to contain it. They literally have one of two choices:
- Monetize everything (hyperinflation)
- Allow the defaults and collapse to happen (mega-deflation)
