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RE: What Could Take Down The Economy (And The Bubble Of Everything)

in Threespeak • 4 years ago

The central banks have no choice. They backed themselves into a corner. There is no way to avoid what is coming other then austerity which is not about to happen.

20 years ago the Fed crossed the Rubicon putting themselves in the liquidity trap. They simple cant print their way out of it yet they are tring.

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4 years ago in Threespeak by
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     4 years ago  

    For every action we take we should be ready for the consequences be it bad or good... You are right though...the Central banks should carry their cross...