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2018-04-26

"How Wrong I Was": Albert Edwards Says "My Reputation For Calling Stocks Is In Tatters"

To be sure, Edwards will eventually get the last laugh as the constant, artificial interventions assure that the (final) crash will be unlike anything ever experienced: 

"a recession delayed is ultimately a recession deepened as more and more credit excesses have built up, Minsky-like, in the system."

zerohedge 25 April 2018

Minsky




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