So they do this to boost economies,and all the stock markets fall!! Shows how confident the market is.
Plotting a % increase on a chart over time gives a Parabolic curve. ZIRP will slow down this curve a bit and is more a sign of the end then can kicking. They must expand the monetary base to cover interest payments for past debt. ZIRP AND QE are as predictable as the human stupidity. Prepare yourselves humans chart to prove point
The graph is showing that there is a trouble brewing, that last little wiggle means a lot of pain for ALL Thunder Road Report On The Death March: Approaching A New Financial System http://www.zerohedge.com/news/thunder-road-report-death-march-approaching-new-financial-system Just keep stacking... just keep stacking...
Those three announcements within an hour of each other = the stench of desperation, as the short-covering bounce from last weeks EU deal rapidly loses momentum !!
Add Denmark to the list, but with a twist ... They have shown that there is no bottom in the race for lowering interest rates to provide liquidity to the banking industry. They have set negative interest rates for money given to the banks and government. That's right, they will charge a compounding rate to use your money. Does it get any more insane than that? Picked up from maxkeiser.com
My hunch is we are going to see the mother of all crashes this October in the share markets world wide. If you have cash sitting in building societies or small banks you would be wise to move it. If your bank accounts have more than $250,000 and there is a run on the banks yer in trouble. Three months fiat in hand to cover your living expenses. Had a meeting with our SMSF lawyer this week and he remembered my warnings way back in 2007. He asked when did I think the world will bottom out in this depression and I said 2017 but long before then we will see 100's of banks fail world wide. His comment was yes I agree so things won't improve for at least 10 years. Keep stacking and if your able get your property gearing down to 30% you can sleep soundly for the next 10 years Kind Regards non recourse