p>Deustche Bank: Western Economies Are Screwed, And Investors Face A ‘Disturbing Paradox. The article begins: “In a new report entitled Gold: Adjusting For Zero, Deutsche Bank analysts Daniel Brebner and Xiao Fu paint an incredibly dark picture of the bind the global economy is in right now. Brebner and Xiao are pretty frank about how levered up the financial system is at the moment, and they warn that the next shock will be totally involuntary and unexpected.”
John Mauldin: QE Infinity: Unintended Consequences
Those pesky derivatives again: Deriving the True Size of U.S. Megabanks Is Far From Simple
Items from The Economatrix:
Draghi And Bernanke’s Worst Nightmares Are About To Unfold
Fed’s Fisher Says U.S. Inflation Expectations Rising
The Trouble With Printing Money: QE3 Reflects A Colossal Failure To Address Our Predicament