BAILOUTS & THE MORAL HAZARD

Economically and monetarily speaking, the Western world, particularly the U.S. has been in trouble for a long time. We've had a series of rolling crises which have been masked or papered over by the Federal Reserve, the U.S. Treasury, Wall Street and the Central Banks of the world, all in an attempt to keep the party going.

The bailouts have increased the problem of moral hazard. At the moment we are in a bailout phony money phase with artificially low interest rates, rising commodity and stock prices. watch out for the big bond bubble ahead along with many other problems most likely manifesting themselves in 2010.

For more see: http://bondbubble.info