The economic collapse in Japan was forestalled by the same measures instituted by the Fed in our country. But now, Abenomics has failed. And the people in Japan have lost 5.37% of their wealth in five days.
But then, we have Obamanomics. How is that working out for people hoping for change? Today is Tuesday so the Federal Reserve’s POMO policy will try to prop up the market. Let’s see what tomorrow will bring.
David DeGerolamo
Wow..man the life boats !