Western Economy, Explained

And this is why I enjoy reading Karl Denninger's The Market Ticker:

Oh boy, the imagery this conjures up....

"Just when the European recovery story looked played out, the European Central Bank sent out a new mating call to equity investors with a major policy package that included rate cuts."

You're going to get mated with all right.

The problem is that it's going to be in one of the holes that does not offer the prospect of reproduction.

Today's Western economy, in a nutshell.

This is why I think all the recent protestations of power are just a bunch of hot air.