One does not rumble without including Dally and one does not have an economic crisis without having Nouriel Roubini tell listeners that things are collapsing and how the Fed might’ve made a policy mistake.
Maria interviewed Roubini today, in Davos (naturally), to discuss recent turmoil, the Fed and how it pertains to equity markets cascading into the pits of hell.
We all now know the Fed made a policy mistake. Some of us (audibly clears throat) knew this was going to happen. The only way out from this mess is for the Fed to shut the fuck up about hiking rates and to be a little realistic about the current situation with regards to ZERO-FUCKING-INFLATION in the system.
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Nice scarf! (Some homo)
Maria was the only one out there with just a sweater ! All the men were bundled up like the little girls they are.
If the goal is regime change in Russia, oil has to go much lower. No relief until US or Russia blinks…not there yet.
I wish you fuckers would quit trying to shake me out.
I for one am very concerned about inflation. Everything costs so much more today because now I have less money!
How many ‘models’ for Nouriel tonight – is he seeing any price inflation?
Nouriel has zero money in the game but plenty of ‘skin’.
Are those dudes cuddling up on that frosty couch?
Print more money, blah blah blah
Of course there is serious inflation and that’s why the Fed raised rates. The article below is a little over a year old, but I am sure the inflation discussed there is still running rampant. I guess Paul Singer must be quite relieved now that the Fed is no longer ignoring this area of inflation that he is so concerned about.
https://www.washingtonpost.com/news/wonk/wp/2014/11/06/heres-the-latest-dumb-argument-from-a-billionaire-that-will-hurt-the-economy/