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Why We Won’t Have A Lehman Moment In The Crash Of 2016
Friday, February 5, 2016 19:18
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by Charles Hugh Smith, Of Two Minds
What the central banks cannot do is create productive places to invest the credit they’ve generated in such excess, or force qualified borrowers to swallow more unproductive debt.
Source: http://econintersect.com/pages/opinion/opinion.php?post=201602051954
