Monday, October 24, 2011

INTRODUCTION TO NEW CHARLES HUGH SMITH BOOK

http://www.oftwominds.com/investing-chapter1.html

"The monetary and fiscal “fixes” imposed by authorities around the globe since 2008 didn’t reduce the global financial system’s instability, they merely suppressed outward signs of instability. Beneath this tranquil surface, the “fixes” have greatly increased the global financial system’s instability. Like an apparently peaceful forest filled with dry deadwood, a single spark can ignite a new firestorm that will burn with greater ferocity and speed than the financial fire of 2008."

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