Get Ready for The Age of Lament When QE3 is Phased Out
- Saturday, November 23, 2013, 16:29
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In early 2007 when Gail Fosler was heading up the Conference Board, the astute economist warned me about the dangerous bubble of debt that threatened the financial system. “This is a bubble which could be as large or larger than the financial crisis caused by the dotcom bubble in the late 1990s,” I reported her as telling me in July, 2007.
http://www.forbes.com/sites/robertlenzner/2013/11/23/2013-is-the-age-of-lament-over-the-fallout-from-the-perfect-storm-of-2008/