MARKETS A LOOK AHEAD: 100% PROOF! THE FED. IS DELIBERATELY FUELING HIGHER INFLATION... Mannarino
From Greg M.
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So you are saying that the FED should raise the rates above 10% and stop buying bonds ? This will result in:
- Stocks plunging 90%, which will result in pensions wiped out, insurance companies defaulting and whole lots of agencies and entities defaulting instantly
- This will have a chain reaction of defaults around the world. Blow up of a gargantuan proportion that will make 1929 look like a walk in the park.
- Absolute blow up of bond market
- Companies will fire everyone. 60% to 75% will have no jobs for years
and so on. Could be way worse than that.
Is that not true ? How will this help the people ? Anyone ?
Come on, don't make me sign you up ... bring that stuff on here .... https://www.minds.com/newsfeed/1352325367926362113