An Age Of Irreducible Uncertainty |
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August 10, 2011 |
August 2011 Bond Updates
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We are again living in an age of irreducible uncertainty. An era of unpredictable and dangerous risks to the global economy-- and therefore an undermining of confidence in financial markets. It's what John Maynard Keynes explained is the single greatest cause of economic instability. If you have economic instability you get financial instability. Irreducible uncertainty equals inherent financial instability.
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View more at: http://www.forbes.com/sites/robertlenzner/2011/08/10/an-age-of-irreducible-uncertainty/
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