Why So Many Bailouts, And Trillions Of Newly Printed dollars, STILL Aren’t Fixing The World’s Problems!
July 18, 2011 at 13:25 PM EDT
The European sovereign debt crisis. The double-dip in the U.S. housing market. The resumption of the U.S. economic slump. Policymakers certainly have their hands full right now. Hardly a day goes by without some new proposal to “solve” these problems — from academia, from the major global financial centers, and from politicians on both sides of the pond. But folks, I’m going to let you in on a little secret nobody in Washington or on Wall Street will speak out loud: There is NO EASY FIX! Nothing can be done to eliminate the multiple threats facing us right now. They’re the result of years and years of failed policies, out-to-lunch regulators, too much easy money, and more. The . . . → Read More: Why So Many Bailouts, And Trillions Of Newly Printed dollars, STILL Aren’t Fixing The World’s Problems!