Tag Archives: Interest rates

The Bernank on 60 Minutes yesterday

By | July 5, 2021

Bernanke’s statement that unemployment is the biggest impediment to economic recovery is ironic, given that Bernanke’s policies have increased unemployment. See this and this. Harry Blodget notes that Bernanke implied that inequality is destroying America. Tyler Durden hones in on Bernanke’s statements that the economic recovery may not be self-sustaining, and that the Fed may… Read More »

CNBC finally has the truth spoken

By | July 5, 2021

Here is something you rarely see on the mainstream media, especially CNBC. Prominent hedge funder Kyle Bass of Hayman Capital tells CNBC: “given my outlook on the world, I don’t know how you can be long stocks”. Bass: “If we get a global restructuring, if we get the European periphery [Bass said EU stress tests… Read More »