The Fed Just Got the Perfect Cover for the Collapse of the US Economy
"The public doesn’t realize it yet, but many of the businesses that shut down over the past couple months are not coming back."
"The public doesn’t realize it yet, but many of the businesses that shut down over the past couple months are not coming back."
"The Fed, in an effort to stop this, announced several weeks ago that it would be buying everything. And I do mean EVERYTHING."
"There are even calls for the central banks to extend their programmes into the $1.6 trillion junk debt market..."
"Similar questionable “fundamentals” that those dot-com companies used to inflate their share prices have us potentially headed right into an even worse recession than originally thought."
"...under the new logic of “globalization” ... celebrated as the consumer-driven, “white collar society” which would no longer worry about “intangible things” like “the future”, infrastructure maintenance, or “growth”."