Edward Dowd on GETTR : 12 years of zero interest rates have created a liability problem for government/private pensions & insurance companies. Wall Str...
12 years of zero interest rates have created a liability problem for government/private pensions & insurance companies. Wall Street created all sorts of products to give them yield that they needed. Leverage and risk were were employed assuming interest rates would remain low. This is everywhere now and the bill is coming due. The $DXY (dollar index) is the best indicator of a global margin call in process. This will cause central banks which were coordinated for so long to act in their own best interest. The currency wars are here and accelerating. It’s Everyman for himself now. This is where kinetic war happens because the power elite of each country need the “other” to distract and blame their population from their failures & fraud. Globalization is done!
12 years of zero interest rates have created a liability problem for government/private pensions & insurance companies. Wall Street created all sorts of products to give them yield that they needed. Leverage and risk were were employed assuming interest rates would remain low. This is everywhere now and the bill is coming due. The $DXY (dollar index) is the best indicator of a global margin call in process. This will cause central banks which were coordinated for so long to act in their own best interest. The currency wars are here and accelerating. It’s Everyman for himself now. This is where kinetic war happens because the power elite of each country need the “other” to distract and blame their population from their failures & fraud. Globalization is done!