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To: Stentor

I think you are correct, it was FT. But it is important no matter the source. It changes my investment strategy.

Smart people know the system is doomed to crash. The question is when. The Ponzi could go on for a long time, in which case betting against the house is not an option.


14 posted on 06/18/2014 8:49:54 AM PDT by DaxtonBrown (http://www.futurnamics.com/reid.php)
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To: DaxtonBrown
FT got the report from this outfit.

OMFIF

They describe themselves as "...a ‘club’ for central banks, sovereign funds and public sector financial institutions which provides a discreet forum for interaction with private sector asset managers and market participants."

You might be right on investing. Don't fight the OMFIF.

On the other hand, one has to question why they've seen fit to inform the "Muppets".

15 posted on 06/18/2014 2:56:32 PM PDT by Stentor (Maybe the Goldman Sachs thing is just a coincidence. /S)
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