If you want an example of how the Fed's drastic financial repression and falsification of financial asset prices is destroying jobs and growth, look no further than Friday's M&A monstrosity. We are referring to Kraft Heinz' proposed $145 billion hostile takeover of Unilever---the giant Anglo-Dutch consumer products company.
Casino Capitalism: The Destructive Financial Engineering of Saint Warren Buffett And The Boys On The Brazilian Bus
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.