The Minsky Moment Approaches: Zero Hedge

The last is precisely what keeps PIMCO's Bill Gross up at night, and is one of the main reasons why we believe the Fed has no option but to continue with Quantitative Easing...No option but to perpetuate the status quo which will merely make the ultimate unwind truly unprecedented.The confluence of all these risk factors implies that there are simply too many variables for the Fed to be able to sustain control over what is an inherenetly chaotic situation: The Minsky moment is, once again, knocking on the door.

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