Satyajit Das Is “Astonished Investors Haven’t Raised Pitchforks At Policy-Makers”…”The problem is if they miscalculate, the problem is bigger and comes upon them in a way that is much quicker that you could potentially get a banking meltdown.”
by Tyler Durden
ZeroHedge.com
05/13/2016
“They’re going to have to stop people from taking out cash… I would argue that it’s not going to be able to be dealt with, and it creates enormous social and political pressures… What we’re going to see is a period of financial repression, which is very, very dangerous… I honestly don’t know how it’s going to end. In the 1920s and 1930 when similar pressures built up, it didn’t actually have a very good ending.”
The Rest…HERE
