So the day has finally come. Ben has admitted he's a beligerent fool. (or as he likes to put it, 'an economist.')
Today marks the death of any sort of recovery, for what has become a daily occurrence for the past 5 years and beyond. Thank you Ben for your remarkable contribution. A contribution so worthy, that I nearly talk about you every day on the show.
Whether as an insult, a legitimate news story or coupled with a poorly written dick joke - we salute you, for what will be remembered as the world's most stupid man, with a grandeur of illusion by design, and 'that guy with the Jesus-like beard'. Keynes also requires a honourable mention. This is The Zero Hedge Daily Round Up.
1. QE 3, 4, 5, 6, 7, 8, 9, 10, Infinity. 2. IMF: Greece needs 3rd bailout. 3. NDAA detention clause permanently blocked. Win! 4. Jobless headline. 5. NY bans sugary drinks, more than 16 ounces. 6. $4 gas is an equity NO. 7. South African miners plan for national strike. 8. U.S. embassy protests spread across Middle east.
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P.S. Or for those paranoid about the government: