ADDICTED MARKET

image.png

IMG: https: //elportaluco.com/mercado-la-adiccion-argentina-a-la-deuda-en-dolares-segun-el-financial-times/

Central banking has become the nurse of all emergencies. The economy does not take care of anything, and as a result of his bad life, he suffers from a few heart attacks.

The monetary authority is cowardly and dependent on those who neglect their hearts, so it rushes, defibrillator in hand, to encourage those who have sickened the entire economy.

The defibrillator creates addiction.

Large corporations have built their empires on fictitious wealth, building buildings on a foundation of debt. Despite the huge remuneration of CEOs, the financial statements of companies are to cry.

Huge volumes of debt and a house of cards about to collapse.

The central bankers know this, and they rush to keep the game alive for another week. Whenever the market screams in pain, there is the anesthetist to get the money printer out.

Interventions have a limit, and the balance of the FED is on the borders of morbid obesity. We don't know how long the shed will hold without falling, but we do know it has an expiration date.

Bankers know this, and whenever the market takes flight a little, they reduce their intervention again.

And then the parquet is stained red. Again.

We don't know how this will end, but the festive orgy that enriched investors for doing nothing is about to end.

Coin Marketplace

STEEM 0.21
TRX 0.20
JST 0.034
BTC 98043.90
ETH 3346.07
USDT 1.00
SBD 3.02