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Cory’s Chart Corner
Humans just repeat the same old themes decade after decade. Today there is far more debt to service, thus greater financial impact on spending. Ask Walmart's CEO if he's noticed any change in consumer behavior while the U.S 10 years hits 5%.
Don’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
Daily Archives: March 21, 2014
QE funds banks and governments at the expense of households
Despite all the hope and hype about loose monetary policy creating inflation the truth is precisely the opposite. QE liquidity in the banking system has funded speculation in financial markets by traders and banks over the past 5 years, and … Continue reading
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