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IPFS News Link • Central Banks/Banking

Rarely Has Failure Been Celebrated So Much

• https://www.zerohedge.com by Sven Henrich

In religious debates the question is often asked: Why is there something instead of nothing? In financial markets the corollary question may be easier to answer: Why are markets higher on nothing? The answer of course being primarily: Central bank liquidity.

We've discussed the unholy alliance and central bankers being trapped at length, but there is a much more sinister truth lurking beneath, one of system failure suggesting things are not anywhere near as rosy as they may appear.

Indeed, the evidence increasingly suggests the Fed, desperate to fix a leak in the hull, is lightening the whole ship on fire in the process by blowing a historic asset bubble setting markets up to fail and on course for a massive reversion.


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