Lookin just a little bit on the fugly side. As bankers get more and more nervous regarding governments, corporations and consumers being unable to take on any more debt, they start pulling their money out of the stock market - and these days, bankers trading desks (unfortunately, with your money) are the market. Expect the screaming for more forms of QE coming from bankers to get louder in the near future. Expect their media lackies to be splashing it all over the front pages to scare the peasants into thinking if they dont get more QE, the world will end. Dont fall for it - its just the opposite. The real economy and we peasants will get plenty of relief if their debt-slave strangle-hold over us is smashed by deflation.
Posted on: Sat, 11 Oct 2014 14:00:00 +0000
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