Collapsing confidence, civil unrest, anemic growth, massive sovereign debt, a fraudulent CPI, desperate monetary policy, artificially low interest rates, lack of capital formation, a depreciating dollar and the threat of higher interest rates. To this tableau I would add intractable deficits, slowing global growth and imported inflation through higher material and commodity prices effected by the Fed and QE beneficiaries seeking higher yields in equities, emerging markets and commodities. I don't know how this will play out but I'm inclined to believe the debt crisis in Europe and stagnating economic growth will be the catalysts for larger adjustments in whatever forms they might take.
Things Are About To Get Much Worse [View article]