Gary Shilling: Here’s Why House Prices Will Now Drop Another 20%. (Thanks to Zo for the link.)
U.S. Yields Will `Surge’ as Fed Increases Debt Purchases, Diam Forecasts. (Thanks to Susan H. for that link.) They used to call this nonsense “debt monetization” or more bluntly “monetary inflation”. But now they give it the saccharine-coated moniker “quantitative easing” to make it sound less frightening.
Items from The Economatrix: