Will the Fed be the lender of last resort?
Looking at the financial system you will see the flaws which are now fully apparently. Debt is pervasive at every level. You can’t escape it. So what do central planners do when times get tough and the economy turns sluggish? Well that’s pretty obvious: Pump it up!
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Earnings Give U.S. Stocks a Boost – WSJ
China cuts deposit reserve rate for first time in 26 months to unleash cash | South China Morning Post
Feds Taxed and Borrowed $4.47 Trillion Since Last Tax Day; $13,737 for Every Man, Woman, Child in USA
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