Posted on 03/28/2015 6:46:27 PM PDT by Lorianne
When "very serious people" (even if it is those who once ran now defunct Bear Steanrs) announce it, with a 6 year delay, they make the Financial Times.
On the other hand, when Zero Hedge said precisely this 6 years ago, it was cast as a tin-foil clad group of conspriators who see the worst in every situation.
What is "it"? This:
The long-term consequences of global QE are likely to permanently impair living standards for generations to come while creating a false illusion of reviving prosperity.
In this case, it was said this week by Guggenheim's Chairman of Investments and Global Chief Investment Officer, Scott Minerd. We are happy that increasingly more "serious people" come to the same conclusion which we posited first a 6 years ago
(Excerpt) Read more at zerohedge.com ...
The 10s of millions on disability with their bad backs, jake legs and little neuroses are about to learn what disability really means.
Wait — are you saying that implosion is NOT likely?
The problem is that the birth rate is negative; the population is only being sustained by mass immigration. Many young Americans today will never have a child, buy a home, or own an automobile (they lease instead).
Well said.
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