Goodbye Austerity, Hello Big Government Spending

by JL Yastine
The Sovereign Investor

Never back a wild animal — or a central bank — into a corner.

I learned the first half of that lesson when I was 8 years old. We had just moved from New Jersey to the wilds of southwestern Florida. My next-door buddy Jimmy had somehow managed to wrangle an armadillo out of its burrow.

A garbage can, with an old window screen across the top, served as a temporary “cage” until the armadillo could be released back into the scrubby pine forest bordering our little community. I remember putting my face up against the screen. The animal, with its leathery plated body, thick tapered tail and scaly head, was the cutest, most exotic thing I’d seen outside of a zoo.

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