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Janet Yellen announces interest rate rise in as soon as 6 months.

  • 20-06-2014 7:20am
    #1
    ///3power
    Banned (with Prison Access) Posts: 123 ✭✭


    The latest chairperson of the privately owned and controlled US "federal" reserve bank has announced further drawbacks of quantitative easing (code for printing bogus money into existence with no real measure of wealth or tangible assets to back up the empty promise that is a US dollar).

    I'm not an economist, but from what i gather money printing to the tune of creating 80 billion dollars A MONTH, out of thin air was necessary to keep the US economy propped up.

    The proverbial house of cards that are the euro and dollar economic systems, can only be sustained for so long. The bubble is blown bigger and bigger with every cent of debt (money borrowed/created from the future, to pay for the now) that is injected into the system.

    More worryingly she also announced that for the first time since the recession of '08 interest rates would increase!

    Again, i'm not learned on this subject, but from what i gather interest rates can't be increased without causing total implosion of the fragile system.

    The timing is also worrying. In case you haven't realised WWIII has started, albeit just as rhetoric at the moment. NATO chiefs have taken it to the next level in the past few days and openly declared Russia our enemy. Meanwhile top brass in "our" NATO forces are having meetings with the heads of companies that make war planes and bombs, at the infamous Bilderberg group.

    It really doesn't look good.

    The timing of the controlled detonation of the US (and consequently our) economy, with a real time war effort seems about right. As can be learnt from the times history has {I]already[/I] repeated itself.

    We'll never learn. The powers that shouldn't be are cursed indeed.

    I really feel as though the big one is coming. It aint going to be pretty either. Prepare now. Faith. Food. Water. Weapons.


Comments

  • #2
    comongethappy
    Registered Users, Registered Users 2 Posts: 2,753 ✭✭✭comongethappy


    Tell us your solution.


  • #3
    ///3power
    Banned (with Prison Access) Posts: 123 ✭✭///3power


    I'm a Muslim. My solution is to bow to the will of God and await death... (in a happy way tho :))


  • #4
    Black Swan
    Moderators, Category Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 47,528 CMod ✭✭✭✭Black Swan


    ///3power wrote: »
    In case you haven't realised WWIII has started, albeit just as rhetoric at the moment. NATO chiefs have taken it to the next level in the past few days and openly declared Russia our enemy. Meanwhile top brass in "our" NATO forces are having meetings with the heads of companies that make war planes and bombs, at the infamous Bilderberg group.

    MOD: This thread may be a better fit for the Conspiracy Theories forum, provided that the CT mods think it's appropriate.

    LOCKED.


This discussion has been closed.
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