“Take these actions and place them anywhere else in history (2000, 2007, any time) and this would be called an emergency intervention program.”
The US Fed begins US military budget scale – $720 Billion – annual QE (shush, you’re not allowed to call it QE).
Is this the beginning of the end?
“The Beginning of the End”
by Sven Henrich
I don’t know who this guy is but his piece makes interesting and not a little amusing reading. Whether any of it is meaningful or not, who knows? But anything labelled ‘The Beginning of the End’ is worth a look. Expect such articles to be coming thick and fast soon.