Recevez notre Marketbriefing
In the same category
Doom
Member since May 2012
85 commentaries -
0 followers
has posted a comment on the article :
>Groundhog Day at the Fed  - Peter Schiff - Euro Pacific Capital
It is weird how the mathematics made it very clear that no meaningful rate hike is possible (yes, I qualified that with "meaningful" because a hike of .0001% might not tank the economy). Our country/economy is so debt-ridden. more importantly 0% interest debt-ridden, that a tiny increment would increase the payments by multiples....and most can't make the payments now without taking out further loans.

It's checkmate, and been checkmate, for some time now. All that's left is the admission of defeat.


Commented
3141 days ago
-
Send
Beginning of the headline :Every dictator knows that a continuous state of emergency is the best means to justify tyrannical policies. The trick is to keep the fictitious emergency from breeding so much paranoia that routine activities come to a halt. Many have discovered that its best to make the threat external, intangible and ultimately, unverifiable. In Orwell's 1984 the preferred mantra was "We've always been at war with Eurasia," even though everyone knew it wasn't true. In its rate decision this week the Federal Re... Read More
Reply to this comment
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Top articles