Peter Schmidt has written extensively about the “Confederacy of Dunces” that helped bring about the financial collapse of 2008 and their “fatal conceit.” By fatal conceit, he means the arrogant belief that because of their superior intellect and education, they have the wherewithal to micromanage the economy. One of the members of Schmidt’s “confederacy of […]
from SchiffGold.com http://bit.ly/2RIkttT
