We see big moved in EUR, oil and some commodities.
And Greek people still do not want to work for bankers. Fucking morons. They must be glad to work for first sort people next 20 years paying for debt and debt percents. May be bomb this bastards?
You reading too much into ZH. Not good for the mental health.
If I'm ignorant enough, I wouldn't even know what sh!t is hitting the fan. If I lose my job, I will drink w/ my buddies. If I have to sell everything I own, I will sell. Whatever. Fuk. Have a drink and sing Karaoke. Just grab GH17 and have fun. Life is too short worrying about the future.
QE3 coming in the form of Operation Twist (OT) 2... according to Bill Gross...
What does it imply?
In 2000 we had the inverted yield curve. Some predicted Fed would do something about the curve by raising interest rate to fight off any sign of deflation. That might have been a catalyst for the market crash.
So this time Fed wanna play smarter. Cap the long term rate. Let's wait and see...
Huh? Raising the interest rate is to fight inflation, not deflation. It would lower the money supply. What are you talking about? At this point, because the U.S. is massively in debt and Europe is also financially in debt, a world-wide inflation risk (along with higher interest rates) is the biggest risk. This is the Jimmy Carter years all over again--unemployment coupled with high interest rate and inflation.