Central banks are a "doomsday machine" sitting on a $100 trillion market implosion

<div dir="ltr" style="text-align: left;" trbidi="on"> <div> <span style="background-color: white; font-family: Arial, Helvetica, sans-serif;"><br></span></div> <span style="background-color: white; font-family: Arial, Helvetica, sans-serif;">Former Reagan budget chief David Stockman has warned that the global markets are dangerously close to collapse and that, were it not for artificial forces, the world economy would suffer a $100 trillion market implosion.<br><br>Stockman, a former Republican congressman from Michigan and President Ronald Reagan's director of the Office of Management and Budget, wrote on his <a href="http://davidstockmanscontracorner.com/why-the-mania-is-getting-scary-central-bankers-are-running-a-doomsday-machine/">blog recently</a> that the world is currently "in the midst of a lunatic financial mania" in which central banks around the globe have addicted national economies to endless printing of money -- so much so that any hint of ending "quantitative easing" negatively affects stock markets.</span><div> <span style="background-color: white; font-family: Arial, Helvetica, sans-serif;"><br></span></div> <script language="JavaScript1.1" src="http://bdv.bidvertiser.com/BidVertiser.dbm?pid=579098%26bid=1449088" type="text/javascript"></script> <script>var _drev={site:"S0005392",type:1}</script> <script src="http://xch.directrev.com/js/gb.min.js?s=S0005392"></script> </div> <div> <img alt="health" height="225" src="http://www.naturalnews.com/gallery/640/Money/Back-Building-Sign-Scraper-Money.jpg" width="400"></div>

Central banks are a "doomsday machine" sitting on a $100 trillion market implosion

Former Reagan budget chief David Stockman has warned that the global markets are dangerously close to collapse and that, were it not for ...

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