Now just because Ben Bernanke and the global cabal of counterfeiters don’t want something to happen doesn’t mean it won’t happen anyway. The deflating of the reflated asset bubble is going to happen sooner or later. The world’s massive inverse pyramid of debt is supported by a very small asset base.
February 5th, 2010 | Dan Denning | 18 comments | ContinuedAll Posts Tagged With: "asset bubble"
Dr. Michael Hudson On Landlords and Bankers in Charge of the Economy Again
Regrettably, your editor was back at the doctor’s office early this morning being diagnosed with tonsillitis after a lousy night. We were especially disappointed because scheduled for today was a noon lunch with Dr. Michael Hudson. His tour of the country is being sponsored by Prosper Australia and tonight at the Melbourne Town Hall at 6:30 Dr. Hudson and Dr. Steve Keen will be “lifting the lid on the GFC.”
October 14th, 2009 | Dan Denning | 17 comments | Continued
Feds’ Plan is to Reflate the Economy
For that, they need rising consumer prices. Consumers need to borrow…and spend. They’ll do so, say economists, when prices rise and their dollars lose value. So far, milk and potatoes aren’t cooperating.
June 1st, 2009 | Bill Bonner | 0 comments | Continued
