Tuesday, July 10, 2012
My ponzi scheme is bigger than your ponzi scheme
China heads for a deflationary shock
You can't go wrong with BRICS and mortar!
Posted by bellwether @ 11:41 PM (1323 views)
One thought on “My ponzi scheme is bigger than your ponzi scheme”
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general congreve says:
Not good news for the highly indebted western nations. This means one major debt buyer who is going be buying less of their rickety paper promises. A bit more QE will take up the slack though, I’m sure.