Cannibal Spirits Submitted by QTR’s Fringe Finance Those who have been following me for a long time know that the term “animal spirits,” often used to describe the appetite for risk-taking in markets, is on my list of the financial world’s bullshit overused phrases and sayings perpetually invoked to explain to the commonfolk why markets only go up in our rigged, inflation and debt-based monetary policy system. I’ve taken similar exception to terms like “Santa Claus rally,” which we are undoubtedly going to hear no less than a trillion times between now and 2025, as financial commentators and analysts scramble for public relations lipstick to slap… — Continue at ZeroHedge News : Read More