Fed Raises Rates For First Time In Decade
The Federal Reserve announced today the raising of the benchmark interest rate by .25%. This was the first rate-raise in nearly 10 years. Markets are rallying as investors buy into a false sense of reality. This false security will be devastating as major indicators demonstrate we are about to enter major recession around the world:
Completely unprecedented and unsustainable debt levels
Brazil moving from recession to depression (world's 7th largest economy)
Russia in recession (world's 6th largest economy)
Canada in recession (world's 15th largest economy)
Yuan added to world reserve currencies
Oil continues collapse
Recession pattern has begun in U.S.
Completely unprecedented and unsustainable debt levels
Brazil moving from recession to depression (world's 7th largest economy)
Russia in recession (world's 6th largest economy)
Canada in recession (world's 15th largest economy)
Yuan added to world reserve currencies
Oil continues collapse
Recession pattern has begun in U.S.
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