“Ben Bernanke made a fatal error by launching QE2 too early, with an incoherent justification, by dribs and drabs for fine-tuning purposes. The QE card cannot easily be played a third time. If he now tries to print money on a nuclear scale to crush all resistance and hold down Treasury yields, he risks exhausting Chinese patience and invites the wrath the Tea Party Congress.” – Ambrose Evans-Pritchard
Jim’s Quote of the Day:
- Ad California Legal Rifles & Pistols!Get the firepower necessary to survive in restrictive states! WBT offers California & other state compliant rifles from any brand you want.
- Ad The Good News About Nuclear Destruction.The lethality of all nukes can be reduced by 90% when you know beforehand what to do and not do.