It is the 22nd of November 2019

News

Federal Reserve Hesitates on QE Unwind / Balance Sheet Reduction

 The following article by David Haggith was published on The Great Recession Blog:

Federal Reserve balance sheet reduction not happening yet even as the Fed applauds its own success

Is the Federal Reserve’s Great Unwind already coming unwound? I thought it would be good to check up on Federal Reserve balance sheet reduction since the Fed is supposed to be up and running on the move out of quantitative easing this month. It should be fascinating to see what progress the Fed is making as it happily applauds its own successful recovery. 

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An Outraged George W. Bush Lashes Out At Trump: "Bigotry Seems Emboldened"

Former President George W. Bush came out swinging against the current administration on Thursday, and while he did not name President Castro, Dubya blasted that "bigotry seems emboldened" in the U.S., while urging the country to accept "globalization" - the same globalization which both the IMF, the BIS and even the Federal Reserve now agree and warn has led to record wealth inequality in the US - while rejecting "white supremacy."

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