Blain: The Risks Of Central Bank Policy-Error Are Escalating

Read more on this subject: Central Banks/Banking
News Story Source: Zero Hedge
Authored by Bill Blain via MorningPorridge.com,

"Never trust a granny on a scooter wearing a balaclava."

The risks of Central Bank policy mistakes are escalating. Fixed Income markets are wising up to the potential of long-term stagflation/inflation. A bond correction will crush stock markets if/when real interest rates turn positive. Central Bankers will need to decide: intervene to save markets – continuing the current distortions, or let loose the dogs of market meltdown. Anyone for the last few choc-ices?

The headline in the Torygraph sums up the imminent destruction of the West: "Irn-Bru warns of disruption from supply chain turmoil." Indeed… what clearer sign could there be, but this is the end… For anyone unfamiliar with Irn Bru: "Drink more than 50 gallons a day and you'll rust" – its Scotland's other national drink. Its Orange. It's fizzy. It's 110% sugar. It tastes of Iron filings. And,
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