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The American System

25
Dec 2018

December 24, 2018

December 25, 2018

Trump Delivers Worst Christmas Eve Stock Crash in U.S. History, Plus Chaos of Government Shutdown!

Dow Down 653 Points; S&P In Bear Market; Oil Falls 6.5% to 17-Month Low Below $43/bbl, Confirming Contraction of World Economy; Mnuchin’s Bizarre Statement About Bankers’ Liquidity and Mobilizing Plunge Protection Team Evokes Specter of Banking Panic; Stockjobbers Fear More Fed Quantitative Tightening; Trump Attempts to Scapegoat Fed’s Powell, But He Is Already Hooverized and Knows It: Corker Suggests He May Soon Resign; Lopez Obrador’s $30 Billion Central American Job Creation Program Shows Way Out of Crisis, So Make Fed Pay; Christmas Greetings to Our Listeners Around the World!