Daily Reading on the Financial Markets: 9/23/11
Cullen Roche at PragCap on the dire consequences brought on by misunderstanding QE2. (hint: misguided faith in Fed propping)
Roger Nusbaum at Seeking Alpha on why you shouldn’t freak out.
Zero Hedge on why maybe you should.
Lee Adler at Minyanville on why markets are, and will continue to, spiral downward (hint: no Fed propping).
Great cartoon from the New Yorker that was posted at the Daily Capitalist as “Keynesian Therapy”: