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kiy

Followers 53
Posts 16175
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Alias Born 08/19/2010

kiy

Re: kiy post# 15601

Sunday, 06/26/2016 12:33:10 PM

Sunday, June 26, 2016 12:33:10 PM

Post# of 19861
Crazy happens...BREXIT...

...see post I'm replying to...
How can the Fed continue to raise rates when the rest of the world is stuck in reverse? Another rate hike would just mean a stronger dollar and more trouble when the global downturn finally hits us here and the Fed realizes it’s time to go negative.

The ECB realized that if they couldn’t get banks to loan or consumers to spend, why not really light a fire under their ass and tell them: “if you’re not going to spend, you have to pay to keep your money in the bank!”

The Swiss thought this was a great idea and did the same in December 2014. Later on, the Danish and the Swedes joined the party. And last week, the Bank of Japan decided zero wasn’t enough, either – they went negative, too!

Japan can’t seem to get a grip on the fact that, as a country, they’ve been slowly walking off the plank since 1989 back when everyone (except us) thought they were going to take over the world. They actually started experimenting with QE back in 1997, right after the last of its baby boom peaked in spending as we forecast would happen. And in early 2013, they really stepped on the gas, ultimately tripling their QE!

And what does Japan have to show for all that?

In the 20 years between 1996 and 2015, Japan’s GDP has grown by a lousy 0.17% as the country’s been on-and-off in recession.
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...in The Beginning of the End of the old system...
The Holy man at the grocery checkout and the 100th Monkey...
I make a comment about the people giving their money to the rich in the big tax give away recently. I feel like we're just cattle for the slaughter.

He said something like we are seeing the beginning of the end of the old system. He was not concerned about the surface issue: artifacts of a dying system. He felt that change is already afoot and we are already on a path to major changes sometime in 2012....2013...2014...2015...2016...
... its just that humans... they seem to complicate everything they touch...People are funny that way...plain quirky...
And so there we have it. The Crazy has been upgraded to Crazier, and there’s no reason evenCrazierStill isn’t just around the corner. People are funny that way. (...proves my statement " Humans aren't complicated...they just complicate everything ...and then on top of complicated everything... Humans... they want a guarantee..." LOL...Lol...lol...LOL ....LoL ...

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