6 January 2014

Useless Economists - IMF, Reinhart and Rogoff

Crazed Economists and their supporters in Politics and Economists have successfully promoted theft as a major policy tool by promoting the ideology of 'Quantitative Easing' (Money Printing to you and me). Now two proponents of this useless guild (as Nassim Taleb would describe economists) go one step further and promote outright theft by direct expropriation of bank account balances. And all this under the auspices of that empire of bureaucratic excess and lavish perks, the taxpayer funded IMF. Urgent and drastic measures to preserve one's wealth should now priority for any rational investor.