Financial authorities' pure lie(?)

2024. 5. 15. 19:09U.S. Economic Stock Market Outlook

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Financial authorities' pure lie(?)

草 should always keep in mind that expecting central banks and finance ministers to hear frank talk about the state of the economy is as low as the odds of finding an oasis in the desert

One of the things they say is that no matter what crisis there is, the crisis is "manageable."
They rarely tell us the truth, and most of the time they admit the truth only when the crisis is fully understood

Despite experts and media pointing out that the household debt issue will eventually become shackles to the Korean economy since the Park Geun Hye government, the Korean economy is now in an inevitable abyss because the government has been consistent with a dog talk that debt is "manageable" and has not pushed for any measures

Powell, chairman of the U.S. Fed, also spoke of the crisis in the U.S. banking system, saying it was "manageable," and recently, Canada's central bank governor warned of a possible crisis in the global financial system

The U.S. Treasury Secretary's remarks that the U.S. economy is strong or Chairman Fed Powell's remarks that the U.S. economy can withstand high interest rates because of strong are just ordinary and clichéd words, and there is no truth or sincerity in them

By the way, I am concerned about how long Korea will be able to withstand high interest rates, which is obviously very weak in economic power

草 should always keep in mind that expecting central banks and finance ministers to hear frank talk about the state of the economy is as low as the odds of finding an oasis in the desert

One of the things they say is that no matter what crisis there is, the crisis is "manageable."
They rarely tell us the truth, and most of the time they admit the truth only when the crisis is fully understood

Despite experts and media pointing out that the household debt issue will eventually become shackles to the Korean economy since the Park Geun Hye government, the Korean economy is now in an inevitable abyss because the government has been consistent with a dog talk that debt is "manageable" and has not pushed for any measures

Powell, chairman of the U.S. Fed, also spoke of the crisis in the U.S. banking system, saying it was "manageable," and recently, Canada's central bank governor warned of a possible crisis in the global financial system

The U.S. Treasury Secretary's remarks that the U.S. economy is strong or Chairman Fed Powell's remarks that the U.S. economy can withstand high interest rates because of strong are just ordinary and clichéd words, and there is no truth or sincerity in them

By the way, I am concerned about how long Korea will be able to withstand high interest rates, which is obviously very weak in economic power

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