Running and Triathlon Coach

With the mindset of wellbeing, inside and outside. Health, nutrition and awareness are the pillars of this blog.

Wednesday, April 25, 2012

UK bank HSBC top economist: ‘The Financial System Is Increasingly Being Rigged’

Stephen King, the top economist at UK bank HSBC, is out with a new note on the popular topic of "financial repression."

The main ideas are basically distilled in these bullet points.

In other words, with the governments of big Western nations running up so much debt, they're resorting to various tricks to keep funding themselves — tricks like QE and so on, which hurt savers, etc.

He also recorded a video to explain his thoughts on the matter.


http://www.prisonplanet.com/top-bank-economist-the-financial-system-is-increasingly-being-rigged.html

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