Big money is gushing in all directions.
In one chart.
“Punishment Interest” Germans call it with Teutonic precision. Bank: “Just stop saving.”
That’s the new thinking about the markets in a crummy global economy where everything is overvalued.
The incredibly ballooning balance sheet that no one can match (in one chart).
“Errors were made….” NBC Bay Area report and video.
Turns out, destroying the purchasing power and wealth of the people also drags down the real economy.
His impeccable sense of timing appears to have kicked in.
An utterly frustrated banking reporter unloads about banks that are always getting away with it (pungent 2 min. video).
Putin sees a “catastrophic decline in oil prices” but thinks Russia will be OK.