Financial Trend Analyst Warns: ‘This Suicide Move Will Implode The Whole Thing’

Jon Banking, Blogosphere, Economy, Fiscal Policies, Real Estate

Job losses across America continue to mount, housing is topping and recent reports from some of the nation’s leading retailers show that there has been no real, sustainable recovery since the crash of 2008. This, according to trend analyst Daniel Ameduri of Future Money Trends, is why nothing the Federal Reserve does with interest rates in December will make any difference for our overall long-term prospects.
But, as Ameduri notes in a recent interview with Kerry Lutz of the Financial Survival Network, there is one particular move that would amount to nothing short of economic suicide and a rapid destabilization of the system:
I just don’t see rates going up (meaningfully) until way into the 2020’s or even the 2030’s. The biggest thing to point out to people who think that rates are going up is because that is a suicide move.

This post was published at shtfplan on November 16th, 2015.