Tuesday, March 5, 2013

"Central Banks Cannot Create Wealth, Only Liquidity" | Zero Hedge

In many Western industriali ed nations, debt has overwhelmed or is about to overwhelm the economy's debt-servicing capacity. In the run-up to a debt crisis, bad debt tends to move to the next higher level and may ultimately



"Central Banks Cannot Create Wealth, Only Liquidity" | ero Hedge

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