Do you think we will see DEFLATION or INFLATION first?
The next financial crisis will be much worse than 2008. It’s simple to understand why. We have decided not to fix the issues which were exposed in 2008 and instead actually just paper over them. This has fully resulted in a guaranteed catastrophic end. When it happens and what will trigger it is unknown. Even in the Fed’s most recent speech, Powell used the word “trigger” regarding their uncertainties about what will eventually create the next crisis. What Powell forgot to mention was that the Fed is responsible for it.
For the U.S. Economy, Storm Clouds on the Horizon :: WRAL.com
Bull run finale for global stocks not far off now: Reuters poll
Wall Street economists don’t believe Powell changed his tune much
Deutsche Bank Offices Searched in Money-Laundering Probe – WSJ
ETR:DBK – Google Search
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3-Month London Interbank Offered Rate (LIBOR), based on U.S. Dollar | FRED | St. Louis Fed
Bayer announces strategic overhaul and job cuts in cost-cutting drive