Many of the insurance companies & hedge funds that were bailed out by the Fed{with the taxpayers on the hook}, are now lamenting that very same Fed which has destroyed the US bond market, via rigging of interest rates at artificially low rates! This will only end, when the inevitable law of gravity, that we saw in 2007 and 2000, comes in to play, which will significantly impair these trillions
in loans, ending in a world credit crisis greater than the prior two! How many insurers will need to be bailed out again?
Many of the insurance companies & hedge funds that were bailed out by the Fed{with the taxpayers on the hook}, are now lamenting that very same Fed which has destroyed the US bond market, via rigging of interest rates at artificially low rates! This will only end, when the inevitable law of gravity, that we saw in 2007 and 2000, comes in to play, which will significantly impair these trillions
in loans, ending in a world credit crisis greater than the prior two! How many insurers will need to be bailed out again?