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Tuesday, November 3, 2020

Stay Focused on the Big Picture with Craig Hemke

from Kerry Lutz's Financial Survival Network

Craig Hemke returns… With the election season winding down, it’s time to step away from the the decption, distortion and noise and figure out what’s really going on. What’s really driving things? The math is the math. What we’ve always called it is the end of the great Keynsian Experiment. Just servicing the debt can’t be maintained by the central banks. With everything going on we’re a runaway train heading down the track towards Deadman’s Curve. Does it really matter who’s president? Just the amount required to service the existing debt is over $1 trillion per year. The Fed is manipulating the markets as always. Powell to announce that he will keep rates down until 2023 at least. And now the Fed is looking at yield control, cap interest rates because they cannot have rates go higher.

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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3mMTNX5