Submitted by Charles Hugh Smith from Of Two Minds
When Things Fall Apart: Disorientation, Desperation, Chaos
The global "shadow" banking system is unraveling, with dire consequences for financial assets and failed policies.
We're not used to things falling apart, and so our first reaction is disorientation. What we've been trained to expect by constant intervention in supposedly "open" markets is that Central States and central banks will "save the day" with a new intervention: an
No comments:
Post a Comment