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The American Empire is Another Bubble

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Today we see the symptoms of a worldwide central-bank-generated credit bubble and its oncoming collapse.

What increasingly characterizes the global financial order is an arrangement where regulators encourage a "heads I win, tails everyone else loses" mentality, backstopped by the willingness of quasi-governmental entities to print and borrow money without bound.

Read the rest of the story HERE:

At mises.org

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