Pick one:
There are two one-way lanes on the highway to hell, and these - in endless variation - are unfortunately the only ones on the present policy map:
1) Policies aimed at distorting the financial markets by suffocating the yield on lower-risk investments, in an attempt to drive investors to accept risks that they would otherwise shun;
2) Policies aimed at defending bondholders and lenders who made bad loans, which they now seek to have bailed out at public expense.
http://hussmanfunds.com/wmc/wmc110815.htm
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