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RE: Stock market more corrupt and insane than I thought

> The central banks have been buying stocks left and right, if federal reserve raises interest rates again the credit markets will freeze up and you'll see the whole thing come down.

The Fed has raised interest rates in the past without the credit markets freezing up.

When they froze up when it was believed that their counterparties were about to go bankrupt (like Lehman) and stiff them.

For now, with modestly increasing interest rates, commercial banks are expected to make more money.

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  Michael Percy Audio  

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