The Fed Is Now Preparing For The Next Economic Crisis, Here's How - Episode 1313a

in #economy7 years ago

Sears Canada decided to announce that it will be declaring bankruptcy, approximately 3000 people will lose their jobs. Warren Buffett steps in and purchases Home Capital Group, big surprise since they were on the verge of collapsing.

Junk bonds are signalling the great debt binge is now coming to an end. The Fed announced that will start to unwind its balance sheet, why now?

The obvious reason is that the bubbles are at the top, its time to unload and prepare for the next economic crisis.

Sort:  

The Fed is ignoring the inverting yield curve like it's nothing! The gig will be up real soon!

The writings has been on the wall for quite some time now.. And it escalade rapidly.

Just like the last crash in the industry I work in Insurance salvage there is a uptick in burnt vehicles I always take as things going south when vehicles and toys....boats ,razors, motorcycles...burst into flames. Repossessions in title loan industry also really booming. Will only increase as more people lose there incomes.

I think a more accurate title would be "The Fed is Now Preparing the Next Economic Crisis". Love X22, keep it up!

Upvoted and resteemed. Thanks Dave!

Love X22 Report! Thanks Dave.

They want a collapse so they can buy assets for cheap. They are getting rid of their worthless paper for hard assets like land, houses, and businesses anything that produces money or increases in value. Paper i.e. (dollar) always loses value that is why it always costs more for everything year after year.

I seriously don't believe these people are that smart. They are academics with no real world business experience.

Amazing how we are at full employment when 10s of thousands are losing their jobs and not finding anything. Makes you go hmm. :) :) /s

This post has been ranked within the top 10 most undervalued posts in the first half of Jun 23. We estimate that this post is undervalued by $95.25 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Jun 23 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

Coin Marketplace

STEEM 0.23
TRX 0.22
JST 0.037
BTC 98870.54
ETH 3475.75
USDT 1.00
SBD 3.21