The Market Ticker - Economic Facts
First: Economic cycles are real.
The most-profound ones tend to be of long duration, equal to or beyond a human lifetime, just like geologic and climate cycles. Believing you can interrupt or shape that which is beyond human control is nothing new; indeed the entire premise of throwing virgins into a volcano to prevent it from erupting is exactly the same sort of thing.
You don’t believe in that, right?
Good.
Then y’all should be willing and able to prepare for what is inevitable when you drive something out of balance on purpose, as we have and which, I remind you, some people have warned of. Indeed Bernanke, in open testimony, stated quite-clearly in the 2008 timeframe that while he could cushion…….
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Source: https://market-ticker.org/akcs-www?post=255736
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