And What if Things Don’t Work Out ?

The approach of trying to cure an easy money induced program with more easy money will by definition end badly.  In the mean time we all have a front row seat as this plays out. Below is an outstanding overview of what is transpiring,  found in this Reuters post from yesterday:

http://www.reuters.com/article/2013/11/14/us-kaletsky-stimulus-column-idUSBRE9AD1DY20131114