Is Our Economy’s Cinderella Carriage About To Turn Into A Pumpkin?

Monday, June 1, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
06/01/2015

The Fed insists that Cinderella’s carriage is forever golden, ignoring the increasingly obvious reality that the carriage is turning back into a pumpkin before our eyes. The Fed’s magic was always a short-term fix, akin to over-fertilizing and over-poisoning our economy to create the illusion of massive growth in profits and stock, bond and home valuations. Now that the magic is wearing off, the reality is going to hit everyone who believed the fantasy of permanent asset bubbles especially hard.

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