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RC tweet decoded
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RC tweet decoded

Satyajit Das, author and finance expert who predicted much of the Global Financial Crisis back in 2006, has coined a new financial term: "Financial Botox."

The term draws a surprisingly eloquent parallel between the temporary skin improvement drug called Botox, and the government pumping out money in an attempt to cure the financial crisis.

Just like Botox is a temporary solution to aging skin, Band-Aid solutions from the central banks have caused toxic side effects across the world, and with that, Financial Botox was born." - Interview with Satyajit Das on Australia's The Morning Show

Complete article via NASDAQ: https://www.nasdaq.com/articles/not-fooled-financial-botox-top-10-short-seller-targets-2011-08-24

Better article from 2010: https://www.cnbc.com/2010/07/14/financial-botox-hides-rotten-markets-author.html

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