Eric Peters Has Funny Anecdote About Market Crashes

The whisper talk, when backed by documented variables, is always most interesting. Take the comments made by the typically entertaining and insightful analyst Eric Peters. Peters has a knack for amplifying topics for comedic purposes that point to significant issues. Take his September 6 weekly adventure, one where he discusses the Fed facing two choices, one of which involves blowing up the world. To insiders this topic isn’t that unusual, but it is one seldom spoken in the mainstream. He also addresses PhD economists who “think they are too smart” to face failure. Funny how history repeats. Long Term Capital Management, an example of the elite saying they could not face failure, isn’t that different. In both cases the...