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IPFS News Link • Federal Reserve

For Freak's Sake, People, Even The Crash-Test-Dummies Are Nervous

• Zero Hedge

Authored by Charles Hugh Smith via OfTwoMinds blog,

Those trusting the Fed to be visibly weak, corrupt and incompetent forever might be in for an unwelcome surprise.

When even the crash test dummies are nervous, it pays to pay attention. Being in a mild crash isn't too bad if all the protective devices inflate as intended. But in a horrific crash where nothing goes as planned, it's like speeding in a ready-to-explode Pinto and being side-swiped by a semi on Dead Man's Curve.

The stock market is in the Pinto, and the smell of gasoline is so strong it's overpowering the smell of old Cheetos and stale beer. The Federal Reserve is driving, and it's got a crazy glint in its eyes that everyone dismisses-- to their immense regret when the Pinto goes off the cliff and flames envelop the wreckage.


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