
The only way to profit from a Ponzi that has run it's course is to be the one of the first to jump ship / bail out before it collapses.
Mentioned already Sinclair's comments on Bernanke not seeking another term:
Mish also weighs in:
More: http://globaleconomicanalysis.blogspot.com/2013/03/get-while-gettin-is-good.html
Mentioned already Sinclair's comments on Bernanke not seeking another term:
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This historic event [Cyprus] is one of the single largest and most important in my 50+ years of being involved in markets. It is as serious as what I have said, and the Chairman of the Federal Reserve is saying, ‘They are going to screw up all of my work; to hell with them, I don’t want to be Chairman when this hits the fan.
Mish also weighs in:
The understatement of the day comes from Fed chairman Ben Bernanke who essentially says: I'm Dispensable.What Bernanke said is best translated as "I'll get while the gettin' is good. Besides, I really don't have an exit plan in the first place, nor does anyone else."“I don’t think that I’m the only person in the world who can manage the exit,” Bernanke said when asked at a news conference in Washington if he’s discussed his plans with President Barack Obama.
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More: http://globaleconomicanalysis.blogspot.com/2013/03/get-while-gettin-is-good.html