“Central Bankers Look Naked… & Investors Have Nothing Else To Believe In”
by Tyler Durden
ZeroHedge.com
08/26/2015
“Policymakers responded to the financial crisis with easy monetary policy and low interest rates. The critics — including us — argued against ‘solving a debt crisis with more debt.’ Put differently, we said that QE was necessary, but not sufficient for a recovery. We are now coming to the moment of reckoning: central bankers look naked, and markets have nothing else to believe in.”
The Rest…HERE
