Santelli Slams Central Bank Policies: “The Market Is Rapidly Realizing That They Can’t Go On Forever”

by Tyler Durden
ZeroHedge.com
01/24/2014

While the world’s talking heads are desperately opening their global financial crisis fire-extinguishing mouths that this time is different, Rick Santelli takes 4 minutes to highlight the problems associated with liquidity that is always leveraged to the max and the problems that now await us. “For a while,” Santelli calmly explains, the fairy-dust commercial planners (Central banks) “at least for a while, made everything seem like it could work.” However, with “no excess margin in the system,” emerging-market-cannonball-driven ripples in the global pool of liquidity are a major problem. Slamming those who argue ‘taper is small’ or ‘Argentina doesn’t matter’; the ever-increasing central-bank-inspired interconnectedness means “the market is realizing in a hurry,” as we have warned numerous times, “these [central bank] programs can’t go on forever,”

The Rest…HERE

This entry was posted on Friday, January 24th, 2014 at 4:06 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.