Friday, May 7, 2021

Gregory Mannarino, PM 5/7/21: "Be Ready! The FED Is About To Unleash The Debt Flood Gates From Hell!"

Gregory Mannarino, PM 5/7/21:
"Be Ready! The FED Is About To Unleash
 The Debt Flood Gates From Hell!"
"The Fed has created a bubble – with perhaps $30-$50 trillion in bad, or merely overpriced, “investments.” The bubble threatens to pop. But the Fed dasn’t raise interest rates – or it will bring itself under fire and trigger the very disaster it has sworn to avoid. The only way to keep the bubble world from popping now is to blow in more air. Then, the bubble gets bigger… and investors become even more deranged. Any dope – even a Federal Reserve governor – can see that this will end badly. But the damage will be much deeper and longer-lasting than most people realize."
- Bill Bonner,

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