Friday, July 28, 2017

Michael Pento Bubbles Will Pop and Central Banks Will Panic






 

Michael Pento thinks Janet Yellen may be trying to cause a recession, leaving Trump for the blame. Despite negative economic data, the Fed is raising interest rates and might start reverse QE.

But as the economy collapses, the Fed will have to go back to easy money policy. Pento expects the Fed will resort to “helicopter money.”












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1 comment:

  1. HELICOPTER MONEY YOU SAY?
    IN ROME THEY CALLED THIS BREAD AND CIRCUS.
    IT IS WHAT COMES WITH NEAR TOTAL UNEMPLOYMENT AND TOTAL ECONOMIC AND MILITARY COLLAPSE.
    AMERICA, YOU ARE ALREADY SITTING YOUR COFFIN BUT YOU DON´T KNOW THAT YOU ARE PRACTICALY DEAD NOW. BUT THE DRUG NARCOCRACY BUSH, BUSH, CLINTON, CLINTON, OBAMA, CHENEY, RUMSFELD, HAVE PLENTY OF PAPER MONEY. THE DAY WILL COME WHEN THEY WILL COLLAPSE WITH THE WHOLE SINKING SHIP.
    THEY ARE ON THE SAME PATH BUT ON A LONGER LEASH.

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