Wednesday, April 6, 2011

Cocaine Crazed Lab Rats

"The Keynesian experiment is being extended to its ultimate point of failure.Interestingly, China, Europe, Japan and the U.S. are all pursuing the same Keynesian credit-expansion Grand Strategy. It is the single tool available to States and Central Banks imprisoned by conventional economic theories, and they are hitting that single policy switch like cocaine-crazed lab rats clamoring for another hit."
Charles Hugh Smith

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