HSBC fears world recession with no lifeboats left

Telegraph ^ | 5:00PM BST 24 May 2015 | Ambrose Evans-Pritchard

[Flick Lives]

Thanks for the book recommendation.

[iceskater]

You’re welcome.

I learned about this book from Dave Brat (the guy who unseated Eric Cantor, if you don’t know who he is). He mentioned it often in his stump speeches when he was running for Congress last year.

[1010RD]

Spot on commentary. You’re more likely to get stopped out by your local, county and state regulatory (why does that word always remind me of the word ‘strangulation’?) regime, than the Feds. Oftentimes, it’s the locals enforcing some Federal rule as well.