Tag Archives: Bust

Chinese Banks Ready to Go Bust

Posted on June 21, 2013 by DRenegade

Dive! Take cover! Or, at least, hold on to your pants in the scramble. The Chinese bubble has just burst. It looks like the world is going to have egg on its face and elsewhere as Chinese banks are scrambling … Continue reading →

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The Bernanke Bust

Posted on May 29, 2012 by DRenegade

by Michael Pollaro To Austrians, all economic “booms” founded on monetary largesse always end in economic busts, roughly equal in size and intensity to the preceding booms. By distorting interest-rate and price signals and, as a consequence, creating malinvestments that must eventually be liquidated, … Continue reading →

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