Comments by "Frederick Miles" (@frederickmiles8815) on "Major recession indicators are flaring as Fed hikes rates, says economist Vincent Reinhart" video.

  1. Our markets, equity and bonds markets, are rigged to the point of fantasy land. Over the last decade they have become divorced from fundamentals and the real economy due to QE and rehypothethication of toxic assets or the little amount of pristine collateral left in the marketplace. We are a broken economy run by an incompetent, lazy, and out of touch oligarchy (much like during our last gilded age). When homelessness, cost of living, and the wealth gap keep increasing - while production decays and the market skyrockets to new highs due to algo's, stock borrow program, and Fed's reverse repo bailout of money markets - clowns in the media will still paint over the nightmare with culture wars and other event driven narratives to distract, distort, and divide.
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