More and more “experts” are calling for Negative Interest Rate Policy or NIRP. The US Federal Reserve is obsessed with market reactions to its policies. Because of this, anytime the Fed plans to announce a major change in policy, it preps the markets via numerous leaks and hints… oftentimes for months in advance. An excellent
For six years, the world has operated based on faith and hope that Central Banks somehow fixed the issues that caused the 2008 Crisis. All of the arguments supporting this defied common sense. A 5th grader knows that you cannot solve a debt problem by issuing more debt. If the below chart was a problem
Earlier this week I outlined how the next Crash will play out. Today we’ll assess why this Crisis will be worse than the 2008 Crisis. By way of explanation, let’s consider how the current monetary system works… The current global monetary system is based on debt. Governments issue sovereign bonds, which a select group of
Behind the veneer of “all is well” being promoted by both world Governments and the Mainstream Media, the political elite have begun implementing legislation that will permit them to freeze accounts and use your savings to prop up insolvent banks. This is not conspiracy theory or some kind of doom and gloom. It’s basic fact.