James Turk: “As we start 2015, Eric, the key theme for the year ahead will continue to be the financial repression that central planners are wreaking on markets worldwide. However, there is an important question that remains unanswered and is one that cannot be predicted: Will the central planners begin to lose their grip in the coming months? A loss of control is plausible for many reasons. First and foremost, the credibility of central planners is on the wane….
“For example, over here in London this headline appeared two days ago: ‘Economists skeptical ECB bond-buying would revive eurozone.’ It is rare for economists working for mainstream financial institutions to be skeptical of any policy or action coming from central planners. But we see the same skepticism taking hold in the US.
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