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Protecting Your Portfolio: David Hay and Michael Gayed Discuss Strategies Amid Quantitative Easing

Lead-Lag Live

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The Fed's Hands Are Tied

When he was tightening, the government debt to GDP was around 25%. We basically had about the same level of debt to GDP that we have now after World War II. The Fed kind of reminds me a little bit of the Nazis in 1945 when Hitler decided to do the Battle of the Bulge,. And so was this monster gamble, which ultimately failed.

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