Friday, August 5, 2016

Financial palooza

Not really.  I can't back that up.

But everyone has talked this economy to death and it makes no difference, it seems.

But here goes again.  ( my version )  Here's the inescapable fact:  the Federal Reserve and the US Government is trapped in a low interest rate scenario.  They cannot raise interest rates.  The excuse will always be that the economy is too weak.  Sure, it is weak.  Bad policy makes it so.  But, that is repeating oneself.

If the Fed raises rates, and the rest of the bond market follows, which seems likely, then interest payments on the debt will begin to become unserviceable.

They can grow the economy, but when they do, they have to normalize rates.  But this time they can't.

Eventually the facts on the ground could force a raise in rates.  It doesn't seem likely that they can keep all their fingers in the dyke forever.  Something has to give, it is just a matter of time.

The economic statistics are part of the political propaganda that is holding this rotgut globalist regime in power.  Those statistics are being fudged.  Those statistics are the metaphorical finger in the dyke.  You can only manipulate these numbers for a limited time.

But that may be all this country's enemies need in order to finish it off.  By the time we come out of the ether, it will be too late.




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