Fed Emergency Meeting
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In this video, I discuss the ongoing global financial crisis and other reasons for the Federal Reserve's emergency meeting on Monday.
There is almost certainly another large entity or entities like Credit Suisse or Deutsche Bank that are close to insolvency, and this is the reason for the emergency meeting.
The Fed has chosen to keep hiking until something broke, and now so many things have broken that they need to quickly pivot back to printing money and growing their balance sheet again.
Unfortunately, high inflation is the only way out of this mess, and the sooner the Fed gets on board with this, the better.
Not investment advice! Consult a financial advisor.
Major investment bank on the brink?
https://twitter.com/DaveTaylorNews/status/1576137253734076418
https://twitter.com/JamesMelville/status/1576117664132386816
Australia's central bank goes bankrupt:
https://twitter.com/StuntPope/status/1576209374535524353/photo/2
Fed emergency meeting for October 3:
https://www.federalreserve.gov/aboutthefed/boardmeetings/20221003closed.htm
https://www.acus.gov/sites/default/files/documents/17%20Government%20in%20the%20Sunshine%20Act%20Basics.pdf
US debt clock:
https://www.usdebtclock.org/
Fed's Bullard waking up to reality:
https://twitter.com/DeItaone/status/1575482680007102465
Nuclear war coming?
https://www.newsweek.com/russia-nuclear-weapons-strike-america-west-warning-nukes-everybody-dies-vladimir-putin-1745649
US debt to GDP:
https://fred.stlouisfed.org/series/GFDEGDQ188S
I clearly got this one wrong:
https://www.youtube.com/watch?v=AIbnO1lQd5E&ab_channel=TraderUniversity
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#fed
#stockmarketcrash
#bitcoin
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