The coronavirus outbreak has sent shockwaves through the world’s economy and this has caused politicians and central bankers to react in various ways. However, global market leaders, Wall Street CEOs and hedge fund managers had one of the best years in more than a decade since the 2008 financial crisis. In fact, evidence shows that the bureaucracy and the modern banking cartel knew a crash was on the horizon, as the covid-19 crisis was simply the pin that popped the balloon.
American Fascists Knew the Bubble Would Pop – Stocks Were Massively Overvalued, Bonds Manipulated
Toward the end of 2019 market players and Wall Street’s top CEOs discussed whether or not the U.S. was facing a recession in 2020. This was after the stock market, S&P 500, and Dow Jones Industrial Average broke records last year. A few months before the coronavirus started spreading wildly, central banks like the Federal Reserve were already slashing rates and funneling billions into the hands of private banks. It’s almost as if the elite knew the bubble would pop in 2020, as bonds were manipulated by banks and stocks were massively overvalued. In fact, a majority of bankers predicted that 2020 would suffer from a really bad recession that could be worse than the last economic fallout. Central banks started easing up on monetary policy and created vast amounts of stimulus throughout the months of August, September, and October of last year.
The Federal Reserve Chair Jerome Powell told the press in October that the Fed would be buying Treasuries in mass quantities but he said that it was “not quantitive easing (QE).” Well before the covid-19 event, » Read Full Article «