More from A Voice Of Liberty

Germany's composite PMI is under 50, meaning the overall economy is contracting. The German #recession is getting deeper--which means Europe's recession will be getting deeper as well. With European banks already under duress from the #ECB's insane negative interest rate policies, will this morph into another banking and liquidity crisis in the #EU or just be a run-of-the-mill recession? https://www.zerohedge.com/economics/technical-recession-german-pmi-plunges-7-year-low-sparks-global-stock-selloff #news #economy
20 views · Sep 23rd, 2019
The BIS--central bank to central banks--finds the expansion of negative rate and negative yield securities "troubling" (bankerspeak for "terrifying"). With global PMI in the negative--meaning the whole world is in a manufacturing recession, signs are growing that monetary stimulus will be of little use in the coming contraction. Fiscal stimulus, which governments around the world refused refused to do with any degree of sincerity after the 2008 crisis, will be the only tool available for restarting the global economy. The world is in desperate need of prudent and responsible government. Given government's tendency towards imprudence and irresponsibility, that is pretty terrifying. https://www.zerohedge.com/economics/vaguely-troubling-bis-warns-financial-disaster-amid-17-trillion-negative-yield-debt #news #economy #banking #finance
18 views · Sep 23rd, 2019

More from A Voice Of Liberty

Germany's composite PMI is under 50, meaning the overall economy is contracting. The German #recession is getting deeper--which means Europe's recession will be getting deeper as well. With European banks already under duress from the #ECB's insane negative interest rate policies, will this morph into another banking and liquidity crisis in the #EU or just be a run-of-the-mill recession? https://www.zerohedge.com/economics/technical-recession-german-pmi-plunges-7-year-low-sparks-global-stock-selloff #news #economy
20 views · Sep 23rd, 2019
The BIS--central bank to central banks--finds the expansion of negative rate and negative yield securities "troubling" (bankerspeak for "terrifying"). With global PMI in the negative--meaning the whole world is in a manufacturing recession, signs are growing that monetary stimulus will be of little use in the coming contraction. Fiscal stimulus, which governments around the world refused refused to do with any degree of sincerity after the 2008 crisis, will be the only tool available for restarting the global economy. The world is in desperate need of prudent and responsible government. Given government's tendency towards imprudence and irresponsibility, that is pretty terrifying. https://www.zerohedge.com/economics/vaguely-troubling-bis-warns-financial-disaster-amid-17-trillion-negative-yield-debt #news #economy #banking #finance
18 views · Sep 23rd, 2019