Page 4 - John Tuld News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Greenspan, Bernanke, Yellen, Powell…four people who've led the U.S. into massive inequality & the reason why the majority of U.S. households have less than $1,000 in savings coming into the pandemic. So, naturally, D.C. wants to make Janet Yellen the next Secretary of Treasury. Biggest monetary experiment in economic history: Combined balance sheet of G10 CenBanks has topped 50% of G10 GDP due to unprecedented CenBank asset purchases in 2010. The question is, at what level does confidence in the power of central banks start to wane? (Chart via Goldman) pic.twitter.com/ndRYVJmHQ5 The roaring...

This is the biggest speculative mania in the history of the world. Absolutely nothing could ever justify many of these stock valuations. It's all one giant greater fool ponzi confidence game being run by the Fed. It will end in a disastrous collapse one way or the other. The greatest trick the devil ever pulled it convince people that valuations don’t matter. Quite something to see people cheer the destruction of their currency and purchasing power. In real USD terms markets gains may not be what they're cracked up to be. But hey, everything is relative these days. pic.twitter.com/MvbIbnrX...