Yeah but what are ya going to do. Like the US is not still using QE and faking the 1 hour a week employed numbers.
None of these governments are going to admit to being in a recession or more likely a depression. You will never hear how bad things really are inside their countries and both will support the markets until it profits them not to.
No amount of banks losing money or companies going broke or people on food stamps or whatever the Chinese equivalent is will stop these organisations from creative writing about their economies.
One day well probably wake up and find the US dollar devalued by 30% or the Yuan devalued or the Euro devalued.
More likely more bailouts from the ECB next year. But what the hell they just create more digital money for the banks and the people go begging.
Millions more refugees entering the EUZ next year. This is going to cost the EU 10 or 20 billion Euros and the unemployment rate for the 17 to 35 age group will skyrocket but that figure will be manipulated.
So long as QE for the market and the banks continues these politicians and bankers will continue to grow fat from the people.
Austria has refused any more refugees and is turning them towards other EU countries.
