Greece, Europe and the world are being crucified on a cross of Keynesian central banking. The latter’s two-decade long deluge of money printing and ZIRP has generated a fantastic worldwide financial bubble, and one which has accrued to just a tiny slice of mankind. That much is blindingly evident, but there’s more and it’s worse. The present replay of high noon on Greece’s impossible mountain …
Category: Moral Hazard
Apr 30
Ten Wonderful Things I’m Grateful For (Irony Alert)
Charles Hugh Smith Being grateful boosts your happiness. Ten wonderful things I’m grateful for. Since every volume on the nearly endless shelf of pop psychology self-help books recommends working up some gratitude as the key to happiness, I’ve conjured up a list of what I’m grateful for. (Please turn your irony setting on.) 1. I’m …
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