SUBSIM Radio Room Forums - View Single Post - US Politics Thread 2016-2020

Skybird · 09-20-19, 08:50 AM

In a long forgotten thread, when the Fed some years ago started to raise interest rates above zero again, I predicted that it will no last and that it is only a question of time until they start lowering them again. And there we are, second drop in a row. Why? Here is why.

https://www.zerohedge.com/economics/...my-time-around

Same desaster in Europe. We are riding on the tip of a big financial ICBM with multi-currency-MIRVs. And I fear we are aleady beyond reentry point of the flight path.

That it all is about no real money, but counterfeit money without material securities bolstering it, is not really of any solace.

09-20-19, 08:50 AM	#7469
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 40,492 Downloads: 9 Uploads: 0	In a long forgotten thread, when the Fed some years ago started to raise interest rates above zero again, I predicted that it will no last and that it is only a question of time until they start lowering them again. And there we are, second drop in a row. Why? Here is why. https://www.zerohedge.com/economics/...my-time-around Same desaster in Europe. We are riding on the tip of a big financial ICBM with multi-currency-MIRVs. And I fear we are aleady beyond reentry point of the flight path. That it all is about no real money, but counterfeit money without material securities bolstering it, is not really of any solace. __________________ If you feel nuts, consult an expert.