In 2003-2007 The Fed encouraged home owners to load up on cheap debt until they self-imploded. Homes as ATM machines.
In this era, Global Central banks are coercing everyone to borrow and gamble until self-implosion.
It's 100% clear that Central Banks are hell bent on wiping out everyone.
ZH: Mar. 20, 2015: "Significant Correction Coming"
Drug Dealer Blames Addicts For Taking Free Heroin
"What worries me is how totally lazy investors have gotten, totally dependent upon the Federal Reserve [after six years of free money]"
wsj: Mar. 11, 2015: BOJ Helps Tokyo Stocks To Soar
The Bank of Japan's stated reason for buying stocks:
“We led the cows to water, but they didn’t drink it, even though we told them it tasted good, so we thought we should drink it ourselves, showing them it was tasty.”
ZH: Mar. 20, 2015: "Significant Correction Coming"
Drug Dealer Blames Addicts For Taking Free Heroin
"What worries me is how totally lazy investors have gotten, totally dependent upon the Federal Reserve [after six years of free money]"
wsj: Mar. 11, 2015: BOJ Helps Tokyo Stocks To Soar
The Bank of Japan's stated reason for buying stocks:
“We led the cows to water, but they didn’t drink it, even though we told them it tasted good, so we thought we should drink it ourselves, showing them it was tasty.”