healthy global banking: "My Bank In Denmark Just Offered Me A Negative Rate Of Interest To Borrow Money" - [PEACE]
zen at freedbms.net
Wed Jun 5 20:31:46 PDT 2019
You just -know- the global banking system is super healthy when
they're literally offering negative interest rates to encourage folks
to take out loans.
This is the banking system so flushed with debt that they can't get
pidgeons to take out more loans, yet since the fundamental of the
game is control, more debt means more control means more winning, so
more debt must be obtained "at any cost".
Read it and prepare for broad systemic collapse, folks:
"My Bank In Denmark Just Offered Me A Negative Rate Of Interest
To Borrow Money"
And to show how wonderful moar debt really is, Italy leads the way to
dumping the rump:
Brace For Impact: Italy Poised To Launch Euro Parallel Currency
Just as well y'all got free(!) markets and capitalism <snigger>:
Blain: "In 35 Years Of Markets, This Is The Stupidest Moment
I’ve Ever Seen"
US employment is at a high, the labour market is tightening,
there is minimal real inflation and the stock market is off to
the races because the Fed says its ready to ease if trade
tensions impact the stock market economy.
In 35 years of markets, this is perhaps the stupidest moment I’ve
On Friday we’re likely to see another decent US employment number
– which should give lie to the illusion the US needs zero rates.
But a strong US jobs report will cause the spoilt brat of a stock
market to wail, in fear it might not get another lollipop of
If I had any hair left to tear out, would.
There is a danger Powell et al seem are confusing the Dow and S&P
for the health of the economy, thereby making the Fed complicit
in the ultimate market distortion that’s being going on since
someone dreamt up QE. The World’s most important central bank is
missing the point completely, and more or less promising to bail
out stock markets if Trade Tension causes them to weaken. That is
an open check.
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