X22 Report:The US Illusionary Recovery Is Like A Bomb Ready To Go Off, Banks And Central Banks Are Now Calling For A Global Wealth Tax In The Form Of Negative Interest Rates.
Initial jobless claims spike the most in 16 months. Layoffs in 2016 are the most since 2009. Rich Americans are now worried that the economy is not doing well, confidence declines. Rail traffic and air freight both plunge, signalling the economy is crashing. The Baltic Dry Index declines again, the party is over. Citi believes the FED is going to push negative interest rates. Banks and Central Banks are now calling for a global wealth tax in the form of negative interest rates.