The Central Bankers Are Helpless in their Fight to Avert Economic Slowdown.
Today I look at the latest developments in the Central Banking world as the People's Bank of China cut interest rates again in a bid to try and stop the Chinese economy from slowing down. I note that Central Banks are not all-powerful and that even though they can try to do delay business or economic cycles at the end of the day they cannot stop them.
Other Central Banks like the Fed and the ECB are also in a desperate fight to try and avert the inevitable economic slowdown but hey will not succeed either.
I conclude my report by looking at the early futures market action from London.
Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/
GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/
Support the channel:
Teespring Store: https://teespring.com/en-GB/stores/maneco64
ttps://www.paypal.me/maneco64
https://www.patreon.com/user?u=3730528
Crypto donations:
MONERO: 443HZ51ibn1MUD65R42hLNj934Cjq9oEbXaZ68UWeKdAg3qmgM6gL2qMnutYDyn8GnZEDf1yvsqkw11wXgrkm4wFDpDk58u
BITCOIN: 1AkNoKzbZXJ75BbeGkD2ekUDJQNWDrBgMA
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
BSV: qr20w4glrt5urr63c2xrqaxa3ken2qy5hqdxr3kv34
ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
DASH: XhxxKD8YHjAdE3hYG7AuCw4EwUrCjZWqGK
The Chinese seem to be doing alright as the China Market was up and the US Futures are at RECORD HIGH........lets jail the Banksters
Posted via Steemleo