Beware of robber banks (RB), bad advisors.
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Saxo Bank: "So Much Liquidity Has Been Injected In The Market, It Is Now Impossible To Withdraw It"
Earlier today we showed why, according to Saxo Bank's Christopher Dembik, the US will drown in deflation over the next 30 years as the collective forces of demographics, technology, oligopolies and global debt accumulation make higher interest rates virtually impossible. The Saxo strategist wasn't finished, however, and then proceeded to lash out at the monetary policy that enable the current dead-end situation, stating that "we are all well-aware that monetary policy is not the right tool to stimulate the economy and the disadvantages of negative rates surpass the advantages, but we are doing more of the same and ... (full story)
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Confucius: the man who broke the mountain was the same man who started ...
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