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What Just Changed? – Charles Hugh Smith (02/14/2018)

Feb 14th, 2018 | By brinvest | Category: WallStreetWindow

The illusion that risk can be limited delivered three asset bubbles in less than 20 years. Has anything actually changed in the past two weeks? The conventional bullish answer is no, nothing’s changed; the global economy is growing virtually everywhere, inflation is near-zero, credit is abundant, commodities will remain cheap for the foreseeable future, assets are…

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