Incredible Volatility in the world of Finances after yesterdays Speech by Janet Yellen! Check this out!
WOW - Federal Reserve Bank is jacking up the Interest-rates and this is how the world is reacting and being affected by it. The delayed effects will be felt in every part of the world!
It's ridiculous to think that a mere 0.25% rate increase (first in a year and only the second in ten years) should be such a big deal. It's not the Fed's move yesterday, but years of interest rate repression and extraordinary monetary expansion have destabilized the global financial system with excessive leverage. If we're lucky, the bond market bubble will explode with unpredictable & unprecedented results for other financial markets. If we're unlucky, central bank policies have already destroyed our currency and we're just waiting to find out what that means.
I agree, but there is so much money lent out compared to before, just look at all the house-bubbles literally worldwide - it will hit hard once they get up to .75% and 1%. Specially if people cannot find jobs in the world due to the destabilization in Europe, North-Africa and the Middle East.
@fyrstikken, are we screwed or what?
good question @runridefly - it is a new financial shift, we will see more reactions as these hikes become reality out in the world. We expect more of them.
This is how I imagine your Mic settings being:
My Mic-setting is at 50% so imagine how loud my voice is :D
Great comment, made me fml :D
I'll remember you if there is ever a free spot in a loudest yell contest :P
WHAAAT?!? :D
Her mouth is like... full of saliva, and she spits on everyone on front row. :D
Great job @fyrstikken!
"Having a great time 24/7" :)
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Thank you @virtualgrowth - see you on @steemspeak later :)
Disclaimer: I am just a bot trying to be helpful.