Submitted by Tyler Durden on 08/29/2015 Having recently explained (in great detail) why QE4 (and 5, 6 & 7) were inevitable (despite the protestations of all central planners, except for perhaps Kocharlakota - who never met an economy he didn't want to throw free money at), we found it … [Read more...] about Citigroup Chief Economist Thinks Only “Helicopter Money” Can Save The World Now
If Greece Blows Up And Financial Armegeddon Hits, Gold Will Go “Bid Without”
Posted on June 28, 2015 by The Doc The only way to prevent financial Armageddon is to declare all markets on holiday. However, the most interesting market to watch will be the re-pricing of the market for physical precious metals. Even if they suspend the trading of fraudulent paper futures … [Read more...] about If Greece Blows Up And Financial Armegeddon Hits, Gold Will Go “Bid Without”
Economist Tells Congress: U.S. May Be in ‘Worse Fiscal Shape’ Than Greece
March 9, 2015 - By Barbara Hollingsworth CNS news.com (CNSNews.com) -- The U.S. has a $210 trillion “fiscal gap” and “may well be in worse fiscal shape than any developed country, including Greece,” Boston University economist Laurence Kotlikoff told members of the Senate Budget Committee in … [Read more...] about Economist Tells Congress: U.S. May Be in ‘Worse Fiscal Shape’ Than Greece