Financial Time Bombs Hiding In Plain Sight
by David Stockman via Contra Corner blog,
ZeroHedge.com
02/23/2016
The bear will soon be arriving in earnest, marauding through the canyons of Wall Street while red in tooth and claw. Our monetary central planners, of course, will once again – for the third time this century – be utterly shocked and unprepared. That’s because they have spent the better part of two decades deforming, distorting, denuding and destroying what were once serviceably free financial markets. Yet they remain as clueless as ever about the financial time bombs this inexorably fosters.
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