Yes, ZH is interesting, but they’ve been predicting imminent doom for quite some time now. They are sort of the secular version of those always looking for signs of the end times.
I’m surprised that things are the way they are because for almost 7 years now the Fed has pumped $85 billion per month into the economy
It appears that all that money has been used to pump up the stock market to give the illusion that things are getting better, when in fact little of the pumped cash has tricked down to the middle class.
Food stamps, SSDI, Section 8 housing, and other freebees are straining the fed and the taxpayers.
Soon like zero hedge I can see the house fall.
With the fed pumping it’s like being on a ventilator. Sure technically you are alive but seriously everyone knows you are dead.