Yellen a yellin’
Today she threatens China , assets beware was the theme. Armstrong on his blog has advice for the Chinaman. ‘ Dump USA debt asap ! ‘
“We have made clear that providing material support to Russia or assistance with any type of systemic sanctions evasion would be a very serious concern to us,” she told reporters. “And we will certainly continue to make clear to the Chinese government and to companies and banks in their jurisdictions what the rules are regarding our sanctions and the serious consequences that they would face in violating them.”
I reckon interest rates will rise faster than ever now.
Most economists are stupid, but sound smart. Yellen is stupid and sounds stupid. Come to think of it, she may be the Dems nominee to be the next president.
Hey, it worked for Joe!