Hey Fozza,Of Particular interest to me about your style of...

Hey Fozza,

Of Particular interest to me about your style of economics is this

"The Austrian Business Cycle Theory, which states that business cycles are caused by an unsustainable expansion of credit by banks. According to the theory, excessive bank lending, at too low an interest rate, disturbs what would otherwise be a natural macroeconomic balance between saving and investment. This in turn causes businesses to make bad investments which subsequently become unprofitable and lead to recession. "

I think you can now add Central Banks to the top of the List, in particular US and before long Japan.

How the hell are they going to back out of QE with causing a bigger problem than letting the markets correct Naturally.

snider