USA - As The Fed Reflates The Stock Bubble The Economy Crumbles
I get a kick out of these billionaires and centimillionaires, like Kyle Bass yesterday, who appeared on financial television to look the viewer in the eye and tell them that economy is booming. Kyle Bass doesn't expect a mild recession until mid-2020. Hmmm... explain that rationale to the 78%+ households who are living paycheck to paycheck, bloated with a record level of debt and barely enough savings to cover a small emergency.
After dining on a lunch fit for Elizabethan royalty with Trump, Jerome Powell decided it was a good idea to make an attempt