A “negative yield curve“; a pending “economic recession“. These are the obtuse and ridiculous proclamations of the Mainstream Corporate Media today. So let’s take a moment to discuss how stunningly -intentionally- disconnected they are.
Always remember, there are trillions of dollars at stake; and these media entities have a vested interest in maintaining the Wall Street position, adverse to Main Street USA.
First the “negative yield curve” aspect; where long-term bond rates (returns on investment) are lower than short-term rates (returns). As Reuters proclaims:
“A key bond market metric turned negative for the first time since 2007 on Wednesday, sending stocks tumbling”…
I must admit, I actually started laughing out loud when I first read that proclamation. Allow me to introduce a radical concept in economics: “supply and demand” !
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