Karl Denninger, Leverage How Cheap Money Will Destroy the World | Karl Denninger | FINANCIAL SENSE: "Leverage is an essential part of the financial system, and when used properly it allows businesses to borrow funds to invest in growth and expansion, offers opportunities for reasonably priced housing, and much more. But current imbalances in the ways in which leverage is being used by the rich and powerful in the United States and abroad have led to an alarming situation that threatens to shake the global economy to its core."If the lefties weren't brainwashed emotional mental midgets they'd join us in taking on both Washington and Wall Street. Click on this link to listen for one of the best spent half hours of political economics you will ever invest.
See what I mean?
And then make sure all your friends do too...
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