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The Fed Just Brought a "Super Crash" Closer
On Thursday the Fed blamed China for its policy paralysis.
This effectively expanded the Fed's dual mandate from trying to achieve full employment and price stability to trying to maintain global financial stability, but only succeeded in introducing more uncertainty to the situation.
And it gets worse. I want to show you why... and what I expect to happen now.
On Thursday the Fed blamed China for its policy paralysis.
This effectively expanded the Fed's dual mandate from trying to achieve full employment and price stability to trying to maintain global financial stability, but only succeeded in introducing more uncertainty to the situation.
And it gets worse. I want to show you why... and what I expect to happen now.