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Did The Global Pivot Back To QE Just Begin?

serfserf Member Posts: 9,225 ✭✭✭✭
edited October 2 in Politics


Well The Central Bank of England had too and If The Republicans gain in the senate this November we could see a lot of chaos on raising the debt ceiling for More of Biden's and Bernie's socialism.It all will depend on The Republican Rhino's in December!

Doesn't look good for sound money here in The USA anymore.

serf

https://www.zerohedge.com/markets/us-pension-funds-could-also-face-lehman-moment

Three things cannot be long hidden: the sun, the moon, and the truth.

Over the last two months, anytime I’ve written an article about names that I liked or the idea of stocks moving higher, I have always tried to qualify it by saying it’s reliant on whether or not Central Banks hold course. I’ve argued if they do hold course - and really now regardless of what the Fed does, with rates being rushed to 3% in 10 months - something was/is going to break and capitulation was/is on its way.

Comments

  • BobJudyBobJudy Member Posts: 5,400 ✭✭✭✭

    Most are aware that many pension funds are underwater. This is nothing new and has been going on for a couple of decades. Illinois has been one of the worst for a long time.

    I do wish however you would check other more credible sources than zerohedge. After all it is in Putin's favor to destabilize the dollar.

    Since they are registered in Bulgaria there just may be one credence to th accusations of being nothing more than a Russian propaganda agency. They do a real good job of both appealing to and amplifying their readers fears under the guise of pseudo journalism. Bob

  • serfserf Member Posts: 9,225 ✭✭✭✭


    The USA's MSM is not much better than Russia's sputnik news Bob. So what I do is check out all sources of news to try to discern what is plausible.The only reason the dollar is fairing better than most other western central banks devaluations is it's the reserve currency with the best military technology.

    But all of that could change very quickly next year when Fertilizer costs with potash shortages with a drought hits The USA bread basket. Americans are not going to be very happy with the continuing inflation which could make them pivot back soon on lowering interest rates which will just make it worst, Damned if you do and damned if you don't. I.E. Fiat funny money ponzi scheme time.

    serf

  • BobJudyBobJudy Member Posts: 5,400 ✭✭✭✭

    Alas, we all gravitate toward websites that agree with our own preconceived biases. Yes, our MSM is guilty of misinformation and one must learn to consider the source when determining the veracity of the news reports we are exposed to. However when a Bulgarian citizen writes under a dozen or so aliases on a website registered in what has been described the most corrupt country in in Europe. A country that was a member of the eastern bloc and still has a strong communist party with ties to Russia, it does make one wonder. What former superpower has the most to gain from the financial collapse of the west? Plausible to you maybe, but to me it looks like carefully prepared propaganda made to sow worry and discord. But to each his own. Bob

  • serfserf Member Posts: 9,225 ✭✭✭✭
    edited October 4


    It's about The world's bond markets failing with Hidden derivatives to hedge and hide the World's central banks casino plays to stabilize the con with their huge debt increases until they are ready to spring the World's New Digital Central bank's platform.

    No big cash transactions to be allowed after this let's say under 500 dollars will be used and only small denominational bills 5's 10's . All 20/50/100 dollar bills will be deemed worthless. This action can also increase taxes for more revenue from big cash items paid in cash without them knowing before.

    The Bank of England has /is trying to out law paper money now and said they will rolling out new plastic bills instead.Could be a ruse to flush out people's hidden cash cache already. It,s getting dicey out there! You have no choice but roll with their ponzi scheme dice now with their electronic funny money.

    serf

  • select-fireselect-fire Member Posts: 69,482 ✭✭✭✭

    Getting scary... govt is open till mid Dec

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