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« The Dreaded Triple Top Cometh | Main | China's First Debt Default - Harbinger of End of Credit Bubble? »

Sunday, March 17, 2013


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"You might think that it can't happen here in the US, but it did..."

It is happening right now with negative real interest rates acting as a de facto levy on savers. Bernanke has tried to justify it by saying the rise in equity prices has made everyone feel richer.

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