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Blissfully Ignorant Arrogance Exposed

Submitted by Thad Beversdorf via FirstRebuttal.com,

David Zervos Is... "Giddy In Love"

Well Zervos, I just got around to reading your 2015 year end QE love letter.

The key for 2016 will be to drown out this nonsense with good old fashion QE loving. And so just in time for the New Year, we are bringing out some new swag to help spread the message of QE love. Attached is a picture of our 2016 hat. It’s simple – just a heart on the front with the letters QE inside”

Former IMF Chief Economist Warns "If Stock Slump Lasts Longer, Will Become Self-Fulfilling"

Former IMF Chief Economist Warns "If Stock Slump Lasts Longer, Will Become Self-Fulfilling"

Submitted by Olivier Blanchard via The World Economic Forum,

The stock market movements of the last two weeks are puzzling.

Take the China explanation. A collapse of growth in China would indeed be a world-changing event. But there is just no evidence of such a collapse. At most, there is suggestive evidence of a mild slowdown, and even that is far from certain.

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