With Housing Bubble 2.0 starting to crater and the Fed poised to trigger a new Great Financial Crisis, this Irishman’s epic rant from 2008 is more timely and relevant than ever


by  Boo_Randy

The Fed’s balance sheet unwinding will accelerate to $95 billion per month at an unprecedented rate, and market liquidity is already dwindling. Will Fed be able to stick to their QT plan without causing a global crash?

 

Apocalypse 401k: Billionaire economist Ray Dalio, founder of Bridgewater hedge fund, says predicted Fed hike of interest rates to 4.5% will crater stocks by a FIFTH and bring ‘the economy down with it’

The Fed’s Ponzi markets and asset bubbles are toast. Debt-fueled “growth” was never sustainable in the long run.

www.dailymail.co.uk/news/article-11223045/Billionaire-economist-predicts-Fed-hike-rates-4-5-crater-stocks-FIFTH.html

A billionaire economist has warned that the coming Federal Reserve interest rate hikes will lead to the stock market plummeting by 20 percent.

Ray Dalio, founder of the Bridgewater Associates investment company, joined predictions that the central bank would increase interest rates by another historical 75-percentage points, and that the year would end with interest rates at 4.5 percent.

They are literally developing ‘financial cushions’ that can be used in a time of crisis …… Buckle up kids

Source: www.reuters.com/world/us/us-bank-regulators-consider-new-rules-regional-banks-times-crisis-2022-09-18/





Source link

Related articles

When Microsoft’s Japan department gave all 2,300 employees 5 Fridays off in a row on full pay in the summertime of 2019 — whereas...

The Microsoft Japan story often will get instructed as a magic trick. Give everybody Friday off, hold their full pay, and someway extra work will get accomplished, not much less. The lesson many...

Dreame A3 AWD Professional hands-on impressions: Good yard maintainence

Shiun Okada / Android AuthorityRobotic vacuums are nice as a result of they automate one of the annoying chores inside your own home. However when you personal a garden, the annoyance doesn’t cease...

Fluor JV receives discover to start work on LNG Canada Part 2

(WO) — LNG Canada has taken one other step towards a proposed enlargement of its export facility in Kitimat, British Columbia, issuing a restricted discover to proceed (LNTP) for Part 2 of the...

GCEX Provides Tokenized Oil as Crude Volatility Pulls Merchants Again to Vitality

GCEX Group has added tokenized West Texas Intermediate (WTI) crude oil to its buying and selling platform, extending an on-chain commodities push that began with gold earlier this yr. The digital prime brokerage stated the brand new...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com