by Joshua Krause, The Daily Sheeple:
No one in their right mind should believe that we’ve finally recovered from the “great recession”. Time after time we’ve seen the stock market rise and fall at the whims of the Federal Reserve, and their money printing parade known as “quantitative easing”. Everything is being propped up with funny money, and the only reason the dollar has recovered, is because every other economy on Earth is slightly worst than our own.
Now that the Fed has stopped QE3, it’s only a matter of time before stocks begin to slide. When Bernanke was still in charge of the Fed, all it took was mentioning the possibility of ending QE, for stocks to plunge 1.4 percent. Now that QE3 is over, the only thing stabilizing the economy is the unspoken promise that if anything happens to the stock market, the Fed will come to the rescue with another round of quantitative easing.
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