Safety First: Strapping on Your Seat Belt Before the Coming Economic Crash
Investmentwatchblog.com
February 23rd, 2014
It has been a while since the Global Economic Crisis has been the headline in the news. That doesn’t mean that it has ended. In fact, the world is moving further into a Global Economic Crisis daily, but people’s senses are dulled by the other new headlines such as Justin Beiber’s recent arrest and the Winter Olympics. Although it may seem irrelevant right now, global economic problems are brewing to levels that we have never seen before. These problems will begin to affect the U.S. soon.
Part of the problem is the federal reserves reckless money printing. This money was being used to fuel emerging markets and economies and to keep other economies afloat:
The Fed essentially is printing $85 Billion per month, out of thin air, using that digital money to buy bonds up, and trade them out with cash reserves or ultra-short term notes. Banks and hedge funds that owned the original bonds are then supposed to pump that money into the economy, creating a virtuous cycle.
The Rest…HERE
