The Central Bankers Have Been Using The Last 9 Years To Protect Themselves - Episode 1301a

in #economy7 years ago

Greek government is getting ready to freeze pensions to 2022 as a requirement for more debt. Someone dumped 4 billion on notional gold contracts and silver contracts.Consumers are tapped out and the purchases of autos, student loans and using the credit cards is now slowing down. The next asset bubble cracks and it is spreading fast.The bail-in era has arrived, the tests are complete and now the central banks are ready when banks start to fail. The central banks have been purchasing the stocks of companies, they have been propping up the market, and now they can bring down the market very easily.

Sort:  

was expected to happen as gold get close to 1300

Does not surprise me at all. And when it all collapse, the ECB is going to pay for it and bill me - read all the Europeans - for it. :-(
I should have been a bankster.

Freaking monumental post!!!!!

Dave, always a pleasure listening

Their days are short

They know their system is finished and the manipulation helps people in the know

This post has been ranked within the top 10 most undervalued posts in the first half of Jun 09. We estimate that this post is undervalued by $48.34 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Jun 09 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

Coin Marketplace

STEEM 0.27
TRX 0.13
JST 0.032
BTC 62622.67
ETH 2944.91
USDT 1.00
SBD 3.61