Daily Reading on the Financial Markets: 6/4/12
John Aziz of Azizonomics looks at the ever-expanding ponzi of debt, that has had benefits for both creditors and debtors, and sees its end in sight.
At Minyanville, Peter Tchir makes the case that a Greek exit of the Euro would make Lehman look like child’s play, and thus, “they” will never let it happen.
The Technical Take notes that bullish investor sentiment isn’t indicating capitulation yet.
From Jesse’s Cafe Americain, Chris Hedges on the worst of capitalism, and the “slow motion coup” enacted by corporations in modern American politics.
Jason Haver at Minyanville says only Fed intervention (the only hope left for Bulls) can prevent a protracted Bear slide.
On behalf of “savers” everywhere, a basic reminder from Learn Liberty on why the Fed should keep its hands off Interest Rates and let the market decide: