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Takeaway: The next bubble to pop is the one no one can get out of.

The 2008 Oil Bubble... the 2011 Gold and Foreign Currency Bubbles... Housing Bubble... Food Bubble in 2012... stock market bubbles...

Just how many bubbles can Ben Bernanke foment under his watch?

The next one to pop is the one no one can get out of...Mortgage Backed Securities. And that’s why this Andrew Huszar's Wall Street Journal op-ed "Confessions of a Quantitative Easer" article is so timely.

Finally... Someone explaining the truth of Too-Big-To-Fail bond positions.

Trapped In The Next Bubble - Fed MBS

Editor's note: This is a brief excerpt from Hedgeye CEO Keith McCullough's morning research. For more information on how you can become a subscriber please click here