💣 ~ Current economic disaster is like three neutron bombs dropped on us, market analyst tells Boom Bust ~ | Blogger: PS: The Norwegian krone collapses as a result of the oil and corona crisis, according to a danish expert... HEY, soooo what, Norway has 1 trillion dollar of sovereign wealth fund... How can Denmark, promise recovery emergency loans and ensure companies 100 percent in compensation with billions of danish kroner? We are talking about a three-digit billion danish kroner from petro-dollars to secure businesses, students and employees. Have they ask NM Rothschild & Sons Ltd for a NEW loan (The Rothschilds covertly made loans to the government of Denmark in 1804)... How can Boris Johnson make a £330bn business loans and Trump to Inject $1.5 Trillion - where the hell do they get that kind of money from? Corrupted Federal Reserve Corporation printing money machines?. They're not pulling it out of their asses (sorry). Be prepared for a MAJOR collapse in a second... I've been working for top banks in Denmark for 30 years and have not seen anything like this... |

Source (RT.com)
https://ekstrabladet.dk/nyheder/erhvervsnyheder/den-norske-krone-kollapser-som-foelge-af-olie-og-coronakrisen/8055500

The US Federal Reserve has been attempting to stop investor panic with its emergency actions, but those moves are like firing “a water gun” when we need “a bazooka,” Tobin Smith, CEO of Transformity Research, believes.

Speaking to RT’s Boom Bust, the analyst said that the real problem is in the US debt market, as there is four times as much debt than there was in 2008-2009.

“This is as a financial disaster, as a health disaster as an economic disaster – is like we got three neutron bombs dropped on us,” Smith warned. “First we obviously have the coronavirus and the pandemic, then we’ve got the oil pandemic... and then the third bomb is the government sitting around doing sort of half measures when we’ve essentially had a virtual economic attack.”(READ MORE)