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ALBERT EDWARDS: There’s a hidden risk that could accelerate the collapse of the market’s long-running ‘financial Ponzi scheme’

“US wage and price inflation are rising briskly, putting intense downward pressure on financial markets,” he wrote” writes Joe Ciolli for “Yet another Fed-inspired financial Ponzi scheme now looks set to collapse into the deflationary dust.”. To be sure, Edwards is always pointing to some new headwind as the one that could possibly send markets tumbling into oblivion.”In the near term, this is the one that might yet catch global markets out.”.

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