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Midas Letter's James West on the Global Debt Crisis: Here Comes the Hyper-inflationary Bailout Endgame
By James West (New York - June 27, 2012) In 2009, I wrote that the stimulus, tarp, and zero interest rates were going to result in a rally in the stock market, but that the fundamental causes of the 2008 financial crisis, of which the housing bubble collapse was only one outcome, were still present, and that the financial stimulus, which is effectively a tax on future generations, would compound those symptoms...
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