The Five-Year Fantasy Is Ending

“Since these monetary/fiscal fixes (i.e. distortions) didn’t address the real issues, all they can possibly do is increase the magnitude of the next collapse.” Charles Hugh Smith http://www.oftwominds.com/blogmar14/5-yr-fantasy3-14.html

The Fed Has Failed and Reality Will Return

This chart below shows that the Fed’s policies since 2007 have been a complete failure as regards the broad economy. There never has been a real recovery and the Fed can only create an illusion that benefits a small minority at everyone else’s expense. The...