Sunday, November 22, 2015

Horseman of the Apocalypse saddling up?

The coming economic crisis

summary:

The Federal Reserve Bank has been blowing bubbles and the bubbles will burst eventually.  The economy is already in recession, and the Fed will have to go to negative interest rates in order to keep things going.  Yet, there is talk of raising interest rates.  The Fed has no real power anymore to control the economy- it has failed.  It could be the end of the line for the Fed.


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