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SW Ontario | "Bond Bubbles: The accuracy of Greenspan's calls is inversely proportional to the number of people who believe them."
So true. Everyone wants to believe in fairy tales and they will allow central planners to spin the tale as long as possible. Funny how people like Greenspan will ride the train when they are in a position of power even though they know better; then once off the train and no one is listening the truth comes out.
Edited by Bert 8/6/2017 12:44
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economics and markets
