"The Stock Market Is A Mood Ring For Faith In The Fed" | Zero Hedge

Submitted by Monty Pelerin’s World blog,Debt is the great palliative that has enabled the US and other major economies to escape reality, at least for a time. Ayn Rand described such behavior:

You can avoid reality, but you cannot avoid the consequences of avoiding reality.
It is possible to steal from tomorrow to improve today but only at the cost of having […]