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It’s Monday morning and the New York Fed’s new “Chicago office” has been busy all night attempting to reverse the expanding collapse of global financial markets. Their pitiful efforts are attempting to mask the gaping wound of global economic collapse; and thus, whether they can will the “Dow Jones Propaganda Average” to reverse to the upside in time for next month’s elections is a 50/50 shot at best. Irrespective, few people could care less, as retail participation in the equity market has plunged to record low levels, care of 15 years of stagflation and two epic market collapses.
This interview was hosted by Financial Survival Network.