Did I hear right? Banks around the world are DEMANDING the U.S. Federal Reserve to update federal policy as it tapers on bond-buying?
What is that? ..... We have been aiding world financial institutions at the cost of our own economic country's stability.
Giving $$$ Away
Here's my STRONG opinion on this issue.
Ever since our country's leadership decided to provide stimulus to help the world's economy, the U.S. has been handing over billions and billions to foreign banks each year.
And what did the foreign bank do with all that money? ..... Absolutely nothing. They are still in trouble because banking reforms were never executed.
Did they think they were going to be spoon-fed our $$$'s forever? ..... I think not.
We have to begim giving ourselves our own profit now to rebuild our own economy. So whichever country says that our economy is lagging behind, we have been aiding your economies and now it is time to move ours forward.
So ..... OK ..... The stock market has been taking a nosedive, but it will recover. The market's volitility has been necessary because it forces foreign institutions to change, hopefully, for the better.
!! Reduce Tapering I Say !!
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