We’re In The Eye Of A Global Financial Hurricane
by Charles Hugh-Smith via OfTwoMinds blog,
ZeroHedge.com
05/23/2016
The global financial system is in the eye of an unprecedented hurricane. While central bankers are congratulating themselves on their god-like mastery of Nature, and secretly praying to the idols of the Keynesian Cargo Cult every night, the inevitable consequence of borrowing from the future, the obsession with “growth” at any cost and financialization /monetary stimulus, a.k.a. the rich get richer thanks to central banks is systemic collapse.
The Keynesian god of growth has failed.
The Keynesian god of borrowing from the future to fund today’s consumption has failed.
The Keynesian god of monetary stimulus / financialization has failed.
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