Buckle Up! An Economic Apocolypse is Approaching!!
The Atlantis Report:
Buckle Up ! An Economic Apocalypse is Approaching !!
March 28, 2021
Eleven years of QE created a financial system that depends on the Fed monetizing debt in massive quantities forever; so that billionaires could swap dollars to skim profits from QE Forever.
Unsaid, but likely, is that since both the ECB and BOJ are deep into endless QE, then the Fed needs to get in step.
Coincidentally, there's an FOMC meeting in play just in time to save the world from the financial crash these billionaires will cause if they don't get free money under their terms.
Banks have oodles of US Treasury debt that needs to go at a profit, and the Fed is the only buyer dumb enough to buy it, so the banks earn a profit.
Implied Terror is WE NEED QE FOREVER NOW WITH Zero Interest Rates FOR GOOD MEASURE!!! REPOS ARE TOO UNPOPULAR, AND WE WILL MAKE FACES AND STICK OUR TONGUES OUT AT POWELL IF HE MAKES US USE REPOS INSTEAD. WE WILL HATE HIM FOREVER!. AND WE'LL CAUSE THE BIGGEST FINANCIAL CRASH THE WORLD HAS EVER SEEN IF WE CAN.
The Federal Reserve about-face in policy with cutting rates and new QE (money printing) means only one thing. A brutal Market Meltdown in the coming year.
The Greatest Depression is coming. Something Big is Happening! A coming brutal market meltdown, with the so-called repo Market and the Fed unlimited printing and this QE behind the scenes.
The debt bubble will implode at some point, and it will be felt everywhere on the planet. When this thing implodes, we are all screwed.
On a global scale, we have never before created such a magnificent bubble. These central bankers are clueless, and they have proven that beyond a doubt. All they can do is to try to keep the bubble going.
This is not TARP 2009. The Fed is not swapping money for worthless collateral like in 2009. It is providing money for nothing to some big banks that are obviously caught in some sort of borrow-short lend-long scheme, which gives the Fed the power to give away our money for nothing.