“We have to recognize that the era when central bank improvisation can be the world’s growth strategy is coming to an end.”
~ Larry Summers – Davos 2015
EARLY WARNING SIGNS
“We have to recognize that the era when central bank improvisation can be the world’s growth strategy is coming to an end.”
~ Larry Summers – Davos 2015
The FOMC said all is well today.
“Solid” expansion.
“Strong” job growth.
“Declining” inflation.
“Soaring” consumer confidence.
“Robust” economic growth.
That’s cool. Right?
The market was up 70 points when the Fed announcement came out. It finished down 200. Wall Street likes their QE and ZIRP heroine. Tell them they are going cold turkey and they throw a fit.
Cold turkey is nothing, wait till they get it covered in cold gravy.
Ya think larry? You douchebag. Gonna come a day larry, their gonna turn against you larry. It ain’t gonna end well, larry. I wish I was young and stupid
Central bank improvisation?!
What, are Janet Yellen and Ben Bernanke guests on that Drew Carey Whose Line Is It Anyway? show?
Drew Carey: Okay, audience give our guests a premise!
Audience member(shouting): You’re fascists engaged in central planning on behalf of your oligarchic masters in direct contradiction of the Constitution.
Yellen and Bernanke just stand there as themselves.
Nice Larry, he reminds me of Uncle Joe. The big show is clearly before us and so many are planning their angles and parts, its almost comical. Almost.
Larry has been to delphi, he has news for us serf’s. Fascism has been evolving folks, in its formative years it was a largely a national affair. In it’s next stage it was an international affair as its central banks franchised and multinationals spread to every corner. Now, the Global phase in fascism is kicking off, back to oneness, super oneness…one ring to rule them all and in the darkness bind them. Ha, do we ever need a midget that can work miracles, where the fuck is Frodo!