When the next ECM Wave turns down, it is highly likely to take the Fed with it. The risk of failure of the Federal Reserve will arise 112 years after its birth in 1913 and that brings us to 2025. So yes – the Fed may fail at that time because it is incapable of doing the job as the politicians have constantly changed its focus and design.
The entire central banking system is in serious trouble. They have manipulated rates lower but fear what happens when the economic pressure forces as rise. Even the BIS was calling for a crash last September, but the share markets rallied to new highs and they remain baffled to say the least. Sorry – Dorothy. You ain’t in Kansas anymore. Not even the Yellow Brick Road can be restored.
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