Goldman Sachs, Carlyle Group, Kissinger Associates, and other Wall Street insiders promote the globalist New World Order of China “integration” and “convergence” with the United States.
Although the narrative from the Obama administration is one of an economy that has been humming along nicely, the reality is that the Federal Reserve primed the pump with historic and far-reaching intervention efforts. Now that the era of easy money appears to be over, the resulting slowdown — with junk bonds as a predictor — is pointing to a looming recession.
Congressman Walter Jones and 44 other members of the U.S. House of Representatives are calling on the Obama administration to halt the sale of the Chicago Stock Exchange to a Chinese company.
Heavy doses of monetary policy have become the norm throughout the Western world over the past few decades, with the lowering of interest rates the most commonly utilized tool. Can interest rates ever go below zero, and if so, what does it mean?