In These New Times

A new paradigm for a post-imperial world

Federal Reserve signals end to QE

Posted by seumasach on June 21, 2013

QE is unsustainable. As Michael Hudson said, it is a declaration of war against the rest of the world bringing inflation and instability almost everywhere. Its end heralds the crash, the writing off of the totally bankrupt financial sector and the beginning of reconstruction within a global, multipolar framework.

Violent sell-off in world markets after Federal Reserve signals end to QE

Guardian

20th June, 2013

Stock markets worldwide plummeted on Thursday, after theFederal Reserve chairman, Ben Bernanke, rattled investors by signalling an end to America’s drastic recession-busting policy of quantitative easing.

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