25/08/18

Nomi Prins: The Fed Will Not Give Up "Dark Money"



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Nomi Prins: The Fed Will Not Give Up "Dark Money"
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Authored by Nomi Prins via The Daily Reckoning,

When it comes to second quarter U.S. economic growth figures, interpretation is everything.

On one hand, the projection of 4.1% second quarter growth is a sign of a surging economy set to grow for years to come.

But on the other hand, it is seen as temporary sugar rush created by tax cuts and debt. It's unsustainable in the light of higher tariffs, an escalating trade war that could impact large portions of the economy, and .....

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