From Birch Gold Group
The old joke goes: “How can you tell when a lawyer is lying? Their lips are moving.”
Now there is a new joke, according to Charles Hugh Smith.
“How can you tell when a big economic bubble is forming? When Wall Street tells Main Street, ‘It’s not a bubble.’”
Smith proceeds by leveling a harsh criticism of the present economic moment:
The post-bubble-crash phase is already being prepared: “No one could have seen this coming” – except anyone who paid attention to anything other than self-interested shills.
Continue reading “Maybe This Is Why Wall Street Talking Heads Are Ignoring the “FedBubble””
