Title: Part 2 - The Problems that Caused the Last Crisis are Bigger Today - 2008 was Just a Warning Source:
[None] URL Source:https://www.youtube.com/watch?v=qZrv0CNRr9Q Published:Dec 14, 2017 Author:Staff Post Date:2017-12-14 18:48:54 by Horse Keywords:None Views:7
Poster Comment:
If interest rates hit 4%, we are done. Yellen raised the short term Fed Funds rate by 0.25%. But bonds were selling off so the FED intervened massively which lowered our long term 10 year Treasury bond rate. This is called an inverted yield curve (Long rates lower than short term. The derivatives market goes bust when liquidity dries up. A declining dollar will force foreigners to sell off US bonds and stocks that will trigger even more FED intervention.