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Dow 25

The Case For Outlawing Cash

Submitted by Bill Bonner via Bonner & Partners,

Investors are losing confidence...

They’re probably losing confidence in corporate managers, for instance.

Who wants to own stock in companies run by numbskulls who buy back shares in their companies at record prices just before a major selloff?

Or maybe they’re wondering whether the world’s $200 trillion in total debt (roughly 300% of total output) can possibly be paid back?