[New post] “One Cannot Operate A Capitalist System If The State Can Borrow At A Negative Cost”

New post on News World Wide "One Cannot Operate A Capitalist System If The State Can Borrow At A Negative Cost" by zandocomm "One Cannot Operate A Capitalist System If The State Can Borrow At A Negative Cost" Zero Hedge June 24, 2012 The following extract from Charles Gave's (of GaveKal ) latest letter to clients is a must read for all, especially for the central planning members of the FOMC. The punchline is this statement which is [...] Read more of this post zandocomm | June 24, 2012 at 7:15 PM | Tags: "One Cannot Operate A Capitalist System If The State Can Borrow At A Negative Cost", CHINA, Current account, federal reserve system, Gross domestic product, History of Federal Open Market Committee actions, India, united states, United States dollar | Categories: news | URL: http://wp.me/p5TuG-3NK Comment    See all comments Unsubscribe or change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://newsworldwide.wordpress.com/2012/06/24/one-cannot-operate-a-capitalist-system-if-the-state-can-borrow-at-a-negative-cost/ Thanks for flying with WordPress.com