2012: The Tipping Point - The Results are in - The Bankers Lost

The bankers’ bet that sufficient credit can reverse an economic contraction is no longer on the table. This does not mean central bank credit will tighten. Just the opposite will happen. Monetary easing will continue until the very end. Central bankers are trapped. The end game is now underway.
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http://poorrichards-blog.blogspot.fr/2012/11/2012-tipping-point-results-are-i...
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