Now it's Russia that's in deep trouble....
http://www.telegraph...le-wobbles.html
The problem here, is that we have had an entire world highly addicted upon, and dependent upon massive QE and central bank manipulation for years.
The laws of unintended consequences have now gone beyond their breaking point - they are ALL damned if they do (QE or monetary easing) and screwed if they don't, as that is considered tightening.
Capital flows are for all intents, totally out of control.
This keeps the dollar artificially propped for awhile longer, and potentially some US assets. Herein lies the entire flawed and rather immoral premise under which Greenspan and Bernanke embarked upon years ago, and accelerated in spades during the 2008 "financial crisis."
As I've said before " we ain't seen nothing yet" (in terms of trouble for all markets).
Rolling currency collapses continue
Started by
nimblebear
, Feb 03 2014 07:34 AM
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