In other words, if they scare us enough we’ll sell our stocks cheap to the people they’re shilling for.
Should have gone to your link first: I didn’t know it was an article by Farrell. He’s pretty good.
Do not make the mistake that the economy at large, especially small business, is the same as the mega-corporations and Wall Street financiers.
Our government is corrupt, big business and big finance and big government have made a mutual deal with the devil. ZIRP and endless financing of massive federal government deficits have made any hope of a return to normal economic circumstances impossible without a major calamity.
Just find out what happens to the price of trillions in government securities held by the Fed if interest rates just returned to a “normal” level. It just cannot happen without bankruptcy.
Bennie etal have made a mess of it. We are so screwed.
Someone must be selling gold.