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RE: (VIDEO). US Economy Flatlining, Fed. Stuck, Janet Yellen Sweating. By Gregory Mannarino
The clown show just keeps rolling down the tracks. If they would actually try to unwind their balance sheet it would force rates to raise and all hell would break lose. The pressure the public is facing b/c of our dead economy coupled with the weakening dollar and stagnant wages is at the precipice of really starting to be felt by many in this country. The cheap money and credit policies of the Fed is them simply trying to keep the charade going as long as they can. If they can't keep the debt train going, the train goes off the tracks. Do we see 40 year mortgages? 10-12 year auto loans? Helicopter money in the form of a living wage? The zombie apocalypse is unfortunately alive and well.