"Market pessimism is reaching a fever pitch, fueled by increasing belief that global policymakers either are powerless or inept when it comes to controlling the various headwinds confronting the economy."
Increasingly, governments actually have less and less control over economic events as central banks continue to blur national lines by commingling every nation's debt. And as that happens politicians, in vain attempts to prove their virility, make stupider and more dangerous proposals. -- MCR
