As the debt level in the U.S. continues to pile up with no end in sight, it is painfully obvious that the government has lost the mojo in reining in their spending spree. In order to keep the equity market artificially high, QE4 and rate cut will come whether the populace likes it or not. Essentially, there will be two economies within America - one is the faked financial market and the other one is the depressed and shrinking mainstream economy.
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As the debt level in the U.S. continues to pile up with no end in sight, it is painfully obvious that the government has lost the mojo in reining in their spending spree. In order to keep the equity market artificially high, QE4 and rate cut will come whether the populace likes it or not. Essentially, there will be two economies within America - one is the faked financial market and the other one is the depressed and shrinking mainstream economy.
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