RE: The illusion of wealth USA created on credit chart

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The illusion of wealth USA created on credit chart

in economy •  7 years ago 

https://steemit.com/trading/@damien197/usd-index-1h-d1-w1-strong-support-and-wave-5-w1

for now, can see it on USD

USA stock market buble and the madness of central banks debt - leverage

https://steemit.com/stock/@damien197/usa-stock-market-buble-and-the-madness-of-central-banks-debt-leverage

Central banks and money printing from the air created the next big bubble, which - not only the US but also the EU will end badly, with such a huge debt, consumer debt when economies begin to weaken = begin to show bad loans in banks and a full cycle like 2008/2009. Bankers try to trigger inflation through which they will rob people because wages are always rising more slowly than inflation, in the US the actual inflation ranges between 4-6%, the government's data are not reliable.

Peter Schiff‏ and good point

"Experts are dismissing the danger of rising bond yields as they claim rates are going up for the right reasons. But it's far more likely rates are rising for the wrong reasons. But regardless of why rates are rising, the U.S. has so much debt that it can't afford the hig"

Who will pay for it again? not bankers only middle class, rich (corporations) will become a little poorer but during the crisis, it buys the competition for next to nothing and will become even bigger

Who will pay for it again? not bankers only middle class

Bernanake said - prices of houses grow, people feel richer and spend more

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