Reverse Repo Rate Cut by China Sends Dow Above $28k and Asia Rallies Too!
In this episode of My Two Cents, China shocks the world by trimming a key interest repo rate for the first time since 2015, stirring speculation that more stimulus was on the way for the world’s second-largest economy. Jim Willie talked about this very thing on my latest interview with him (https://youtu.be/0mHgTpIgjzU) as we talked about the looming financial crisis and the illegal monetary policy being conducted by central banks around the world.
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