Post
Topic
Board Economics
Re: Financial Crisis Will Come
by
shushanika
on 11/02/2019, 13:15:36 UTC
Have you had a look at the stock market recently, for instance the leading tech stocks or S&P? You must be blind in order not to see the writings on the wall. The markets collapsed in december when the FED decided to go ahead with bringing the interest rate slowly back to levels before the last financial collapse. The only reason the markets did not plunge further has been the Feds announcement to pause the gradual increase in interest rates until the markets are more stable. At this point the system is fragile that we do not need a blackswan event, a black duck would be enough to cause a complete financial collapse.