Stock market a ‘Ponzi scheme’ that eventually must collapse – Guggenheim
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The rallying markets aren’t as good as they seem, says Guggenheim Partners chief Scott Minerd. He likened inflation of asset prices caused by loose money policies of central banks to a ponzi scheme that eventually must collapse. Read Full Article at RT.comStock market a ‘Ponzi scheme’ that eventually must collapse – Guggenheim
The rallying markets aren’t as good as they seem, says Guggenheim Partners chief Scott Minerd. He likened inflation of asset prices caused by loose money policies of central banks to a ponzi scheme that eventually must collapse. Read Full Article at RT.com Read more