but ....
the central bank keeping interest rates low, my gosh over thirteen trillion in bonds in ZIRP zero interest rate policy. quantitative easing that body slammed rates so with wage growth stalled, inflation ( same price smaller item ) commodity price inflation. ie : eurozone disaster.
if you have cash or are in debt you must " invest " / roll the dice. inflation going up year over year
the asset inflation produced by quantitative easing ( stocks - homes ) does not match re-world gdp of 1%. greenspan is an ass monkey. the smartest chicago school economist all understood from the top down the usd being the reserve currency coupled with dropping rates for primary bankers, money markets, hedge funds save the system. the rolling crisis goes back years. the mexican crisis, hammered the large banks like citi then the S and L crisis hundreds of us banks go under, the asian currency run / crisis then hit long term capital as ussr defaulted, dot com bubble needed saving, 2008 ...
bailouts get bigger and bigger joe six gets " fucked "
people pressing up salary on no doc loans feeding the wall street securitization grinder crushed families and everyone was a home builder / flipper in 2005, lots of destruction.
without this b.s. the world would be ( still can ) settle into a global depression, global trade is slowing as war tensions building.
history rhyming
