the hamster wheel

Mike Bertelsen

We have an entitlement problem. The Fed "phony buying" 20 billion dollars worth of debt a week. 

Link to the zerohedge.com story:

Stanley Druckenmiller: "We Have An Entitlement Problem" And One Day The Fed's Hamster Wheel Will Stop
http://www.zerohedge.com/news/2013-02-21/stanley-druckenmiller-we-have-entitlement-problem-and-one-day-feds-hamster-wheel-wil

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