Davos Attendee Labels Market a "Ponzi Scheme"
5 years ago
1
One attendee at Davos is sounding the alarm on the Bond market. Scott Minerd has correctly labeled the bond market a Ponzi Scheme which is being perpetuated by the Federal Reserve's artificially low interest rates. The financial establishment can't claim nobody saw this next financial crisis coming, plenty of people saw it a mile away.
https://finance.yahoo.com/news/guggenheim-says-market-ponzi-scheme-140726265.html
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