Sunday, June 19, 2016

Can Global Central Banks Stop Meltdown?

Global Central banks are waiting until after the Brexit referendum on Thursday to throw their last nickels at the casino...

Global Central Banks can get gamblers into the casino, they just can't get them out...




Below is the long answer...in a nutshell, Skynet doesn't meet on six week boundaries...




This Central Bank has expanded its asset purchases twice in the past year...two bazookas:


This Central Bank bought $300 billion in Chinese stocks last year...


This Central Bank just announced there will be no interest rate increases ever again...free money forever...


Shockingly to the Idiocracy, squandering billions and trillions to buy worthless assets doesn't give them permanent value. The marginal trade determines the value of ALL outstanding stocks, not just the ones bought by corrupt banksters...