Inflation Goes Global

All bubbles end in busts…and the perp walk. Two hedge fund managers were arrested yesterday. It was claimed that the two Bear Stearns boys deceived customers. Oh stop it! We’re going to break a rib laughing…. Deceived customers? What is a hedge fund anyway? It’s a way for Wall Street to take money from investors who can’t do math. There’s no deception required. In fact, the funds’ names - High Grade Structured Credit Strategies Fund and High Grade Structured Credit Strategies Enhanced Leverage Fund - told investors all they needed to know. They practically screamed out: ‘SAY GOODBYE TO YOUR MONEY…IF NOT NOW,…