Thursday, November 26, 2020

Tag: Will Fed Engineer Next Crash to Topple Trump?

Will Fed Engineer Next Crash to Topple Trump?

0

by F. William Engdahl, New Eastern Outlook:

For those who follow major financial markets closely, the warning signs of the next major US financial market Tsunami are gaining more frequency daily. Some weeks ago attention was on so-called Emerging Markets, especially Turkey, Argentina, Indonesia, India or Mexico. What is rarely mentioned in the mainstream media is the relation of those events to the deliberate withdrawal of dollars from the global financial system by the “creator” of dollars, the US Federal Reserve. Now that process threatens to detonate a dramatic fall in not only US stocks but also in high-risk junk bonds, in US real estate debt, auto debt, credit card debt. The Trump hopes for continued economic success into the 2020 elections or even into the November mid-term elections may be smashed by the will of the Fed.