Monthly Archives: March 2014
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 … Continue reading
Why Ending QE Would Lead To A US Recession
The US economy is now dependent on credit growth that is insufficient without additional induced stimulus. The Fed will not be able to complete its current planned withdrawal from QE without causing a recession. At some stage this year the … Continue reading