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In Reply to: RE: Stock market more corrupt and insane than I thought posted by Tweaker456 on June 13, 2017 at 08:22:01
The game is rigged, type in the plunge protection team, no joke.
I got out of the market awhile back, it is nuts, I don't even trust the USD, I am 25% invested in precious metals.
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.
Gerald Celene's 3 G's. Gold, Guns, and a Getaway plan
The whole thing is a fabricated game show, get the hell out of the markets. Real unemployment is about 33%. There are 100 million people who have given up looking for work, another 100 million on some form of government assistance, that leaves 100 million left paying for all this, and out of that 100 million that does include the government workers. It is worse then you can imagine.
> 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.
and without all that pesky regulation, we'll have 2008 all over again soon.
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