The stock market has been down every week for the past two months. This is reportedly the first time such a thing has happened in 90 years.
BREAKING REPORT: Dow Jones Closes DOWN 8 CONSECUTIVE WEEKS – Hasn't Happened in 90 Years…
— Chuck Callesto (@ChuckCallesto) May 21, 2022
All the stock market gains were fake. It was a result of the Federal Reserve flooding gazillions of dollars into the system.
Now they are taking some of that money away and the system is crashing. Even a small interest rate increase is causing all sorts of turmoil.
I’m honestly not sure what the strategy is with this. I figured they were just going to hyperinflate the currency to oblivion. It was politically the better choice, but instead they have crashed the markets.
I don’t even think the people in charge of things know what the hell they are doing. It’s like watching a blindfolded man throwing darts at a dartboard.
The whole system is doomed lol.