China has just announced a massive stimulus package (over $500b), which is anywhere between 10-20 times larger than the stimulus package passed by the US Congress given the size of their economy. Things must be, as expected on my part given the excesses of that system, much worse than anyone in the bubble establishment has forecast.
In parallel, the Fed is stonewalling Congress on disclosing the recipients of nearly $2 Trillion (not the measly $700 billion you thought Congress spent) in bailout money (this isn't stimulus, but rather shoring for failing companies).
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