Tuesday, September 15, 2015
Why Fed Rate Hikes Are Truly Laughable...But The World Isn't Laughing
And below core US population peaking shortly followed by peak oil consumption...and the substitution of debt to sustain consumption. But this slowing core growth cycle has at least another decade to go in the US...one can only surmise the implications for consumption (oil and otherwise) and debt when annual population growth has declined by 95% from peak.
It's easy to see why the Fed finds it's moved itself into checkmate but unfortunately, "we the people" will be the losers of the Fed's horrendously played game. Why the Fed and Federal Government made what was always going to be a hard transition into a catastrophe...we can only guess. Why the Fed chose to make economic good times great and save nothing for the inevitable "reversion to the mean" will be the stuff of history.
BONUS - The rest of the world goes through variations on the same theme and the interwoven global finances and economies that helped pull one another up...now go in reverse.
BRAZIL - Core population peaked in '99 and goes negative in 2029.
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