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RE: The Banking System In Crisis

in #banks5 years ago (edited)

I agree with most of your views, but the economy is not strong, if it was, there would be no need for all this manipulation and overnight repos. Interest rates would be going up because inflation is nearer to 7% than 2%. It is because food and everything else that people buy is rising in price, ever heard of shrinkflation in the packaging of food. Unemployment is nearer 20% if counted like that did in the 70's......Everything is not what it seems, wither it is the Euro or the USD collapsing, this ship is going down.