Mish's Global Economic Trend Analysis: Bernanke Seeks New "International Monetary System", Accuses China of Currency Intervention, Warns of Rising Unemployment and "End of Tepid US Recovery
This article highlights’ how now feeling political pressure from his failed policies, Bernanke is now saying it is China's fault and trying to preach to the rest of the world what they should be doing to help his desperate situation.
Perhaps he suffers from some type of dementia that allows him to forget the fact that the whole world has been a victim of the FED's policy of easy credit that cause this whole economic calamity to begin with.
Or maybe he just wants to defer attention away from the fact that even he now admits that the FED's QE policies are a failure and will not bring about the recovery that he has been promising.
I guess we were lied to again, I’m shocked.
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