China Crisis

Fed Raises Rates in the Midst of Epic Debt Bubble.... What Could Possibly Go Wrong?

Fed Raises Rates in the Midst of Epic Debt Bubble.... What Could Possibly Go Wrong?

The Fed raised rates by .25% and set a hawkish tone for 2017, with plans to raise rates three more times next year.  Yeah right!  Rates can't go much higher without causing serious problems to the economy, the financial system, and to US government finances.   

The problem with raising rates is the debt bubble that the Fed so willfully ignores.  Each quarter point makes things more difficult for businesses and consumers.  Here are just a few examples: