?

Log in

No account? Create an account
avril 2018   01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
In 1927, the Fed lowered US rates to try to help Europe which was then in the middle of an economic debt crisis the same as today.

It is very curious how history repeats and we have just witnessed the Fed yield to international pressure once again. In doing so, they are condemning US pension funds as well as the elderly to financial doom setting in motion the next financial crisis.

http://www.zerohedge.com/news/2015-09-18/martin-armstrong-warns-fed-just-made-same-mistake-it-did-1927 - (tiny article)

Previous Entry  Next Entry