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Implanting

10/18/22 12:04 PM

#17449 RE: SeaBlue #17448

I agree, that could never happen. The whole damn System would implode before they ever got that far. I don't think Mobius has thought through exactly what 9% interest rates would mean or do to world economies. We're not even at 4% yet and cracks are already forming in the financial system.

Mobius is supposed to be an expert in emerging markets and the Fed attempting to go that high with rates would totally destroy emerging markets. IMO they're going to have problems if they go another .75 in November. I think that brings it up to around 4% if they do that.