Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 4/13/12

Daily Reading on the Financial Markets: 4/13/12

From Zero Hedge, Pimco’s Mohamed El-Erian’s lecture at the St. Louis Fed that asks the key question to our financial ponzi: “What happens if Central Banks Fail?”   He memorably notes that “In the last three plus years, central banks have had little choice but to do the unsustainable in order to sustain the unsustainable until others do the sustainable to restore sustainability!”

Phil Davis does a great job of writing about the ever-growing gap between the have’s and have-not’s in the U.S., and where that path leads… he’s put together another good rant on the topic.

At Seeking Alpha, Macro Economist reminds us of the big, daunting problems that face the U.S.

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