Doug Noland- A Progressively Maladjusted "Economic Sphere"

``Importantly, it has reached the point where the risks associated with a bursting global Bubble overshadow policy discussions and objectives. Policymakers now endeavor to completely repress market self-adjusting and correcting mechanisms (i.e. "quasi-Capitalism"). Bear markets and recessions have become completely unacceptable, as this historic Bubble's "Terminal Phase" runs its regrettable course.''