Below a new vid of Greg Mannarino telling it like it is!

This guy "duckvision1974" made the following comment that caught my attention. See also Greg's reply:

Quote:
Zero interest rates makes lending non existent. Credit is drying up because banks will not lend at these rates. This is a deflationary cycle that we are currently in but the only answer is more cheap money by the FED to extend this illusion. We all understand this is just a temporary effect and the sugar high is gone very quickly. The FED and world is trapped in a debt cycle and can't get out. The cracks are showing more and more in the bond yields and spreads in Europe. Nice video Greg.
duckvision1974 2 hours ago

Reply:
You are 100% correct and I believe we are past the initial phase of this. Hold on my friend, a wild ride ahead. Greg.
GregVegas5909 in reply to duckvision1974 (Show the comment) 2 hours ago