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52
Heraclitusstudent
2016 Sep 6, 3:46pm
Heraclitusstudent
2016 Sep 6, 3:46pm
I see no problem with high federal government debt loads when you have the reserve currency
There is a fine line between "high debt load" and a $628 Trillions load.
53
mell
2016 Sep 6, 5:23pm
The Fed rate hike is in limbo again, as predicted. As long as they keep zirping or nirping asset prices will stay inflated.
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https://www.bloomberg.com/view/articles/2016-09-02/a-storm-is-brewing-in-global-financial-markets
Global growth is weak, and will be eroded further by Brexit. Oil prices are low, and likely to plunge further. The world has excess capacity and a wage-depressing labor surplus. Corporate profits are shaky. And deflation is laying bare the impotence of central banks. So where would you logically expect financial markets to be going, given that economic, financial and political environment?
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