#author("2016-05-08T07:30:19+09:00","","")
Sean [1g]1,Bingo.Ber7abe wanted to burp, unfortunately he farted. It was never about rates. The problem was/is insolvency/debt burdens. He can go to zero, it won’t matter. Home prices will continue to deflate while real incomes get pummeled. All he has done is feed the commodity bull.We have a fed that has now has lowered rates, raised them and lowered again. In the same time frame the ECB has done nothing! Eliminate the fed, stop the bubbles/busts.
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