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Old 07-07-2015, 09:37 AM   #1
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Question Where is all the fiat going?

Seems like everything is in free fall at the moment. The markets have been broken for so long now that it's really hard to say for sure why. Flight to safety? Margin calls? TBTF/PPT central planning laying the groundwork for more QE?
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Old 07-07-2015, 10:20 AM   #2
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Banks around the world are walking on eggshells hoping and praying that Greece is not the beginning of the end of the Eurozone. They think that helicopter drops of cash will save the day. What will really happen is that they will find out all of a sudden that their invention of the self-licking ice cream cone was an illusion the whole time, and the whole thing will crash down around their feet.

That's when the real fun begins.
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