this may be huge or a non event. the fed is trying to unwind all those bond purchases that financed obamas corruption spree. who is going to buy those bonds and at what price? why are fed board members bailing? does this have anything to do with pm going up?
this will be the second fed board member appointed by trump. who and how will the federal reserve be bailed out if interest rates rise suddenly world wide? how can this end without washing out the enormous debt load worldwide that will never be paid back? crypto currencies backed by nothing but air or drugs?
just when i think the perfect storm can’t get any worse, something new comes along. financial, wars, natural disasters, government corruption and social morons, muslims declaring no xmas in an american city. three days after a major hit on the electrical grid is going to expose all the incompetence, corruption and entitlement seekers.
this trend is heading toward disaster.
rno