Everybody is still brainwashed, they believe the Fed propaganda. The Fed has been talking about how great the recovery is and how is getting ready to raise interest rates. None of this is true. There is no recovery thanks to the Federal Reserve. All there is is a gigantic bubble that has prevented a recovery from taking place.
And the only reason the Fed is pretending that is going to raise rates is that it can pretend that the economy is strong enough to withstand that but basically the Fed cannot do that. The Federal Reserve is going to do more quantitative easing, they are going to do QE4 and all is going to do is to weaken the economy further.
The economy is in worse shape today than it was prior to the financial crisis.
Oct 28, 2015
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