Sunday, July 10, 2016

Cartoon of the Day: One of the Biggest Global Risks Remains Central Planning Ignorance and Arrogance

From Hedgeye:


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Minsky's Fragility Cycle Meets Wile E. Coyote: The Philippine Banking System’s Velocity Trap

  But the boom cannot continue indefinitely. There are two alternatives. Either the banks continue the credit expansion without restriction ...