by Andy Hoffman, MilesFranklin.com:
In the Bizarro World we live in, the day is ruled – for now – by MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA. Thus, the gross capital misallocations caused by four decades of central planning are exponentially worsening; care of “record stock prices,” largely ignored by the media and public…
In other words, the BLARING SIRENS of warning have been discounted by the majority; such as – for example – the PIIGS crisis; MF Global; Cyprus; “Abenomics”; “QE to Infinity”; the fiscal cliff and debt ceiling; and, of course, a dramatically worsening, GLOBAL economic meltdown.
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