you guys just dont get it its got nothing to do with the fed cutting rates, cutting rates wont matter in the slightest the Fed has lost control the rates cuts are having nil effect
its not like the old days , times have changed the Feds power is approaching zero, it can cut rates it can bring 200B of risky debt onto the feds books and it will have nil effect NIL
credit collapses have nothing with interest rate or liquidity
CPI isnt rising ? thats because its a number from the school of Enron accounting , no one believes them anymore, ag, resources, oil, energy hasnt gone up ? lol
credit collapses are about the ability of the economy to take on debt
that ability is tapped out you , folks wont borrow and banks wont lend its that simple
the reason they wont lend is no one can tell whos going to repay debt
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