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#BIG #PLAYERS SEE #OIL AT $200 By 2022-End

  OILPRICE.COM Top Oil Traders See Oil Topping $200 By End-2022 By  Irina Slav  - Mar 24, 2022, A number of big oil traders now predict crud...

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Monday 18 May 2015

HSBC TITANIC Warns "Economic Iceberg Dead Ahead"


HSBC WARNS: The World Economy 

Faces a 'Titanic Problem'



Top ten banker jokes



HSBC chief economist Stephen King is already thinking about the next recession.
In a note to clients Wednesday, he warns: "The world economy is like an ocean liner without lifeboats. If another recession hits, it could be a truly titanic struggle for policymakers."
Here's King (emphasis added):
Whereas previous recoveries have enabled monetary and fiscal policymakers to replenish their ammunition, this recovery — both in the US and elsewhere — has been distinguished by a persistent munitions shortage. This is a major problem. In all recessions since the 1970s, the US Fed funds rate has fallen by a minimum of 5 percentage points. That kind of traditional stimulus is now completely ruled out. Read More

Remember When?  ... Once More...






Platinum Wealth Partners - Top Investors Edge


Since 2008, we have been warning so-called global industry captains that their is a HUGE economic iceberg in our path .Now the HSBC Titanic "does not" think that we if  just re-arrange the deck chairs we can avoid its certain fate. For sure, the band plays on -

"Once more... " 

International Offices
May 18, 2015

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