Is the Global Econimc collapse inevitable? Video explains yes in laymen's terms

[OverVolt]

You realize that even he admitted he was wrong, right?

(also, QE is quite clearly not the reasons US bonds are so low. Even in periods where QE was not happening rates were very low.)

I understand why he said what he said. Its just that the USA isn't "some country" its seen as a safe haven so the inverse happened when the market took a dive.

QE is definitely helping them lower. Mortgage rates hit under 4% explicitly because of operation twist, it was the stated goal of operation twist anyway, to lower mortgage rates.

You can see where twist ended in July 2012 and pushed the 10Y down to 1.5%

 

[Blain]

The passengers on the Titanic were having a lovely time until...

 

[bshole]

So Over, are you trying to time the market? Good luck with that.

 

[fskimospy]

I understand why he said what he said. Its just that the USA isn't "some country" its seen as a safe haven so the inverse happened when the market took a dive.

QE is definitely helping them lower. Mortgage rates hit under 4% explicitly because of operation twist, it was the stated goal of operation twist anyway, to lower mortgage rates.

You can see where twist ended in July 2012 and pushed the 10Y down to 1.5%

It seems to have pushed them modestly lower and yes that was the point, but there was no large spike upwards as Ferguson predicted when QE ended. I think that shows pretty clearly that there are a number of issues holding bond rates down, not just QE.

Anyways, my larger point was that guy has been wrong about almost everything related to this financial crisis, so take his ideas with a grain of salt.

 

[Jaskalas]

No one can give a timeline. So yes - we clearly do not fully understand it.