So let’s recap. Financial companies (That keep getting bailouts), have fired a lot of people recently, even at the biggest establishments. The Fed will most likely buy stocks next time around. And the ECB is basically financing the purchase of Tiffany for LVMH. This system is entirely corrupt. You can’t see that? Check your eyes. Wake up. WAKE UP!
While mass layoffs in the financial industry continue, we watch the continuous bailouts of Wall St amplify the bubble. The mega corporations always have a way out since they are interconnected at levels we cannot see on the surface. The central banks have one very specific goal and that is to ensure the elite establishments are well taken care of and this must come at the expense of the average person. They must do this in order to persist. The middle class is evaporating and that is absolutely not a coincidence. Here we go.
HSBC to slash investment bank, 35,000 jobs in strategy overhaul – Reuters
Announcement – HSBC Holdings plc Annual Results 2019
https://www.hsbc.com/media/media-releases/2020/hsbc-holdings-plc-annual-results-2019
HSBC To Slash 10,000 More Jobs As Ax Falls On “Project Oak” | Zero Hedge
https://www.zerohedge.com/markets/hsbc-slash-10000-more-jobs-ax-falls-project-oak
Banks Celebrate Record High Stocks With Most Layoffs Since 2015 | Zero Hedge
https://www.zerohedge.com/markets/banks-celebrate-record-high-stocks-most-layoffs-2015
banks firing_1.jpg (800×440)
https://www.zerohedge.com/s3/files/inline-images/banks%20firing_1.jpg?itok=DPAm2Xrv
Yellen says Fed purchases of stocks, corporate bonds could help in a downturn – Reuters
https://www.reuters.com/article/usa-fed-yellen-purchases-idUSW1N17W016
Bernanke Washington Post Op Ed
https://www.federalreserve.gov/newsevents/files/bernanke_post_op_ed_20101104.pdf
UPDATE 1-LVMH set to raise $10 bln-plus from bond markets for Tiffany deal – Reuters
Asset purchase programmes
https://www.ecb.europa.eu/mopo/implement/omt/html/index.en.html#cspp
France’s Richest Man Gets a Free Lunch From the ECB – BNN Bloomberg
https://www.bnnbloomberg.ca/france-s-richest-man-gets-a-free-lunch-from-the-ecb-1.1386479
supply chains at risk.jpg (1280×668)
https://www.zerohedge.com/s3/files/inline-images/supply%20chains%20at%20risk.jpg?itok=KUiRhFH4
most crowded trade feb 2020.jpg (950×932)
most corwded trade listing feb 2020.jpg (746×420)
global tech allocation.jpg (751×403)
https://www.zerohedge.com/s3/files/inline-images/global%20tech%20allocation.jpg?itok=GFXM9jcL
Labor force participation rate for workers age 75 and older projected to be over 10 percent by 2026 : The Economics Daily: U.S. Bureau of Labor Statistics