News that makes you say WTF! (55 Viewers)

swag

L'autista
Administrator
Sep 23, 2003
84,783

swag

L'autista
Administrator
Sep 23, 2003
84,783
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,155
Maxine Waters Congratulates Yellen On Not Hiking Rates, Says ZIRP Is Precisely What "Minorities" Need

http://www.zerohedge.com/news/2015-...n-not-hiking-rates-says-zirp-precisely-what-m

Yes, exactly right, Maxine. They're really helping blacks by allowing investment banks to borrow at 0% and use it to speculate in the markets while costs of living go up.

Congratulations on your apparent mental retardation.

FOMC Stunner: One FOMC Member Forecasts Negative Interest Rates Are Coming To The US

http://www.zerohedge.com/news/2015-...-negative-025-bps-interest-rate-2015-and-2016

Oh, that's just great! Now banks will charge us to make deposits!

Surely this will help blacks as well because... uhhh, umm, well, they don't have any money anyway so what do they care? Right, Yellen and Waters, you morons?
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,155
The ECB and the Swiss have done it before. It's probably going to happen because the markets will tank if they raise rates. Their policies really haven't worked at all apart from making the rich richer, so they won't raise them. The economy hasn't improved and is nearing an actual recession again, so all they have left in the toolbox is lowering even more.

Absolute insanity, but hey, gotta keep bankers happy.
 

Hust

Senior Member
Hustini
May 29, 2005
93,703
I don't know where else to post about the European migrant issues but this was interesting:

http://apnews.myway.com/article/20150918/eu-europe-migrants-08b1e101d5.html


It's like EU countries are getting into confrontations with each other. Croatia taking people straight to the Serbian/Hungarian border and not allowing anyone else to stay. Serbia calling Croatia incapable, etc...

shit....hitting...fan...
 

Users Who Are Viewing This Thread (Users: 0, Guests: 48)