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The Fed is headed for a crack up.

Summary:
Do they realize that raising rates will leave them with no money to remit to the Treasury or even operate?

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Do they realize that raising rates will leave them with no money to remit to the Treasury or even operate?
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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