$180 Billion rally for a soon-to-be corpse
Grueling 18hr day at work today and I'm exhausted, so I'll keep it short.
Amazing what a 1-day $180 billion injection can do to ignite a rally.
Is it a fix?
It's merely a band aid applied to a wound requiring a tourniquet and immediate surgery... Our global financial/banking systems are currently undergoing $ hundreds of billions in deleveraging - eventually this number will turn into trillions.
There is no escape from the hyperinflationary depression to follow, but that doesn't mean TPTB will give up... In an attempt to slow the bloodletting and restore public confidence they will continue to apply bandaids until our economy is dead, and even then, they will defiantly try to prop up the corpse like the guy in the movie "A weekend at Bernie's" - hoping that no one recognises the truth.
Have a great evening