Monday, May 21, 2012

Neither the Fed Nor the ECB Can Stop What's Coming

http://www.zerohedge.com/contributed/2012-21-21/neither-fed-nor-ecb-can-stop-whats-coming?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29


Today, we are witnessing the investment world’s slow awakening to the fact that the monetary actions taken by the world’s Central Banks have not in fact solved the issues leading up to the 2008 Crisis.

In point of fact, the Central Banks’ actions have exacerbated pre-existing problems (excessive leverage) while simultaneously creating new problems (inflation).

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