The fed is going to allow rates to rise even further. Memestocks, crypto, and stocks which are completely dependant on cheap money are coming down. This is not a drill. Don't even bother looking at BTC TA - this is not just crypto. The entire market is going to correct extremely hard unless Powell agrees to give the hedge funds another trillion dollars at the taxpayers expense in exchange for their worthless bonds.Sell everything.
doubtful that feds raise ratesentire world economy will be GGd
>>29517503What would life be like two months after the GG event Anon. I want a good story please.
>>29517282JPow said QE is going to continue for now. the party isn't over yet.
Here in Australia the Reserve bank said it won’t be raising interest rates until at least 2025
>>29517905Rates have been rising despite the QE currently in play. We need more and Jpow isnt giving it.
>>29517742Not exactly sure... The thing is in the U.S. there is massive food production so it may not be as bad as people thinkswitching from a debt based economy would be pretty painful at first though
>>29517742It would be very painful.