Nice find Lucas!
The Bank for International Settlements, the most powerful bank in the entire world, has just announced ‘the crash’ according to this story below translated below from Germany. Is this why the US Federal Reserve has just decided on QE infinity? We appear to have reached a new era in the collapse of the US economy and our country, they aren’t even going to try to hide nor stop this any more. The crash has been announced by BIS.
The decision by the U.S. Federal Reserve to continue indefinitely to print money (here ) might have fallen on ”orders from above”.
Apparently, the central banks dawns that it is tight.
The most powerful bank in the world, the Bank for International Settlements(BIS) has published a few days ago in its quarterly report for the possible end of the flood of money directly addressed – and at the same time described the situation on the debt markets as extremely critical. The “extraordinary measures by central banks” – aka the unrestrained printing – had awakened in the markets the illusionthat the massive liquidity pumped into the market could solve the fundamental problems (more on the huge rise in debt – here ).
This clear words may have meant that Ben Bernanke and the Federal Open Market Committee, the Fed got cold feet. Instead, as expected, which is now formally announcing the end of the flood of money, the Fed has decided to just carry on as before. If one is to the BIS experts believe that no single problem is solved. All problems are only increasing.
Because the BIS but apparently does not know how they get the genie back in the bottle, it pays to listen to those who were part of the system – but now have no official functions and therefore more able to find clear words. The former chief economist of the Bank for International Settlements (BIS), William White, was also reported to be parallel to the BIS word. His statements are nothing more and nothing less than an announcement of the big crash.