The latest is the German National Bank. Lets face it, there is a massive financial bubble out there. Just like the 1920s bubble, and the dot com bubble, and the housing bubble (which is growing again), and the newest tech sector bubble, and every other bubble out there, including the now new banking bubble which is nothing more than the 1920s bubble all over again.
So the results.. around 40% unemployment, which is where we are now. Personally I believe we are already crashed, but almost no one knows it yet. Even in the 1920s crash, there were people who still made movies, drove cars, built houses, etc. We still had racism, violence, and wars. Nothing has changed.
Is it time to live off of fear? No. It is time to live off of what we were taught in Christ, and that is Our father is our sufficiency, He is our banner, and shepherd, and that mantle is of Christ Jesus.
God created all of the universe. What will he hold back from us?
This is what happens when central banks artificially manipulate interest rates. The Austrian school of economics does a good job explaining this.
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