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The European Neutron Bomb Has Dropped

Central banks have gone insane!
Thursday, June 5, 2014, 10:25 AM
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For anybody drinking the economic recovery Kool-Aid, today's historically unprecedented experiment by the European Central Bank (ECB) to impose negative bank interest rates should be like a bitter squeeze of fresh lemon on the tongue.

If things are so rosy then why exactly are such desperate measures necessary?

 

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