FUCKING FISCAL CLIFF
- Thread starter Veritas
- Start date
I like to think of the so called Fiscal Cliff as an Austerity Package.
The cuts and taxes are not enough to solve the issue. What will happen they will do just enough to keep going, but the debt will be untouched and the deficit.. maybe they can cut this back some but it wont be enough.
One of the big problems is the usa cant get good growth numbers, if it stays like this some sort of financial melt down will happen........whats the trigger or timing no one knows.
Printing money is the norm now for central banks all over the world, keep the interest rates low and borrow at low rates..if needed.
ECB still has firepower, but i think WW2 is holding them off for doing a major QE.
Japan... i know they hold a lot of there DEBT within there nation.
China, they do have some cash... however its hard to get a good read on them there books are cooked.. you can look at there economy indirectly through imports of raw materials for example... but be careful they maybe stockpiling somewhat.
At the end of the day inflation looks like it will hit the world, but by how much?
The usa going into Hyper-Inflation.... what would that do to markets around the world?
Oh ya..... Europe is going into Recession or about zero growth.
The cuts and taxes are not enough to solve the issue. What will happen they will do just enough to keep going, but the debt will be untouched and the deficit.. maybe they can cut this back some but it wont be enough.
One of the big problems is the usa cant get good growth numbers, if it stays like this some sort of financial melt down will happen........whats the trigger or timing no one knows.
Printing money is the norm now for central banks all over the world, keep the interest rates low and borrow at low rates..if needed.
ECB still has firepower, but i think WW2 is holding them off for doing a major QE.
Japan... i know they hold a lot of there DEBT within there nation.
China, they do have some cash... however its hard to get a good read on them there books are cooked.. you can look at there economy indirectly through imports of raw materials for example... but be careful they maybe stockpiling somewhat.
At the end of the day inflation looks like it will hit the world, but by how much?
The usa going into Hyper-Inflation.... what would that do to markets around the world?
Oh ya..... Europe is going into Recession or about zero growth.
