Quantitative Easing and the Disappearance of Income [View article]
It would be very interesting to see the statistics of how many of these geniuses bought CDSes and naked shorted stocks.
On Mar 20 08:36 AM prudentinvestor wrote:
> "......Not just in the US but in many parts of the world, central > bankers are now becoming desperate to try to ignite some spark under > their property markets....." > > True. The amazing fact is that they lit bonfires under the property > markets for over a decade, propelling them into the bubblesphere. > These supposedly intelligent central bankers created the bubble, > totally oblivious of its inexorable consequences that we are now > experiencing. Now we expect the same school of economic geniuses > to find a painless solution (?)
Quantitative Easing and the Disappearance of Income [View article]
On Mar 20 08:36 AM prudentinvestor wrote:
> "......Not just in the US but in many parts of the world, central
> bankers are now becoming desperate to try to ignite some spark under
> their property markets....."
>
> True. The amazing fact is that they lit bonfires under the property
> markets for over a decade, propelling them into the bubblesphere.
> These supposedly intelligent central bankers created the bubble,
> totally oblivious of its inexorable consequences that we are now
> experiencing. Now we expect the same school of economic geniuses
> to find a painless solution (?)