Adam Butler
GestaltU
A gentle reminder that if the Fed hadn’t stepped in to *illegally* backstop secondary market non-government loans (and vehicles owning said loans) @hussmanjp would currently have a 99.9th percentile 10-year
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After the 2008/9 bailouts I almost abandoned the investment business because I have a toxic aversion to moral hazard. My brain broke when the banks were bailed out. I sought
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