And in our economic news...

EUrefs Richard North looks up... gazes around and sees this. Dives sharply for cover.
You don't have to be an expert to know this is funny money – and it's going to go belly up. In fact – as always – the only people who don't know are the experts.
And to drive the point home, here's Vox Day: The death of Keynesian economics in one simple graph.The graph coming from a report by Eric Sprott and David Franklin of Sprott Asset Management LP entitled Fooled by the Stimulus (pdf), which also isn't a very reassuring read.

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