Mike Maloney: These are the Most Overvalued “Markets” in History
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Would it be foolish to think ‘this time is different?’ Of course! It’s never different. There has to be a balance between claims on the economy and the real economy’s outputs. Today those are historically stretched beyond recovery. It’s time to plant a garden – or start a farm!
Mike Maloney: These are the Most Overvalued “Markets” in History