Thursday, January 22, 2015

The Central Banks That Cried Wolf

First there was the US,


Then there was Japan,


And now we have Europe,


Does this remind you of a story?


Unfortunately, I don't think that the world central banks can just print money until everything is okay.

This will not end well.

To quote George W. Bush,


'Fool me once, shame on ... shame on you.
Fool me... I can't get fooled again!

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