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"They’re. Not. Even. Pretending. Anymore" They completely fucked the financial system and are trying to keep it afloat/"growing" at any cost https://www.reute
by hi5eyes 7y ago
"They’re. Not. Even. Pretending. Anymore"
They completely fucked the financial system and are trying to keep it afloat/"growing" at any cost
https://www.reuters.com/article/switzerland-bonds/swiss-50-yr-yield-falls-below-0-entire-swiss-curve-now-negative-idUSL8N24Q31B https://www.reuters.com/article/switzerland-bonds/swiss-50-y...
official statements: everything is fine meme look at how much growth we have!
- nostromo 7y agoLongest expansion in history, low inflation, low unemployment... the sky is clearly falling, wake up sheeple!
- mandelbrotwurst 7y agoLow unemployment doesn't imply strength if it's due to a decline in labor force participation, which has barely budged from historic lows set in 2015 (1). Rising asset prices aren't worth much to those who own little. 1 - https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm https://www.bls.gov/charts/employment-situation/civilian-lab...
- hi5eyes 7y agohttps://www.bloomberg.com/news/articles/2019-07-13/the-black-hole-engulfing-the-world-s-bond-markets-quicktake https://www.bloomberg.com/news/articles/2019-07-13/the-black... everything is fine lmao