Bill Bonner: This is not a normal economy at all

BillBonner

“‘Normal’ is what you get when you don’t experiment.  So, how can you get to ‘normal’ from a ‘Great Experiment?’  We will leave that for the philosophers of tomorrow. Today, we’ll merely suggest that maybe this economy isn’t so normal. What’s normal about an economy where the major financial institutions can borrow money at zero real cost? What’s normal about an economy in which people who have run their businesses so recklessly that they had to be bailed out by the government are still running their businesses…and can now borrow at lower rates than good businesses?”

http://www.equitymaster.com/dailyreckoning/detail.asp?date=05/17/2013&story=4&title=This-is-not-a-normal-economy-at-all

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