Ares
19th December 2014, 05:45 PM
I caught up with Miles Franklin’s Andy Hoffman today just after he recorded his latest audio blog-cast titled Laughable FOMC Statement Sets New Central Bank Credibility Low Until the SNB One. And Andy has never been more alarmed by what we have witnessed unfolding over just the past two weeks. The global economic system is literally coming apart at the seams.
While talking about this week’s “meaningless” FOMC statement and the Swiss National Bank taking interest rates negative, Andy says the powers that be are “terrified” that it’s all coming apart and he describes their fear as “unprecedented”. This is a must listen conversation as we document the collapse for this third week of December, 2014.
https://www.youtube.com/watch?feature=player_embedded&v=9yLez2CazuE
Link to video: https://www.youtube.com/watch?feature=player_embedded&v=9yLez2CazuE
While talking about this week’s “meaningless” FOMC statement and the Swiss National Bank taking interest rates negative, Andy says the powers that be are “terrified” that it’s all coming apart and he describes their fear as “unprecedented”. This is a must listen conversation as we document the collapse for this third week of December, 2014.
https://www.youtube.com/watch?feature=player_embedded&v=9yLez2CazuE
Link to video: https://www.youtube.com/watch?feature=player_embedded&v=9yLez2CazuE