{"id":38803,"date":"2018-10-06T11:16:38","date_gmt":"2018-10-06T16:16:38","guid":{"rendered":"http:\/\/olduvai.ca\/?p=38803"},"modified":"2018-10-06T11:16:38","modified_gmt":"2018-10-06T16:16:38","slug":"the-federal-reserves-rising-interest-rates-are-a-ticking-time-bomb-for-u-s-economy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=38803","title":{"rendered":"The Federal Reserve\u2019s Rising Interest Rates Are A Ticking Time-bomb For U.S. Economy"},"content":{"rendered":"<header class=\"entry-header clearfix\">\n<h3 class=\"entry-title\"><a href=\"https:\/\/srsroccoreport.com\/the-federal-reserves-rising-interest-rates-are-a-ticking-time-bomb-for-u-s-economy\/\">The Federal Reserve\u2019s Rising Interest Rates Are A Ticking Time-bomb For U.S. Economy<\/a><\/h3>\n<\/header>\n<div class=\"entry-content clearfix\">\n<p>One of the worst things for an over-heated and extremely leveraged economy is rising interest rates.\u00a0 So, with the recent 2-2.25% interest rate, big trouble is on the horizon,\u00a0 Also, with higher interest rates, the U.S. Treasury will have to fork out even more money to service its debt.\u00a0 In just a little more than two years, the U.S. Fed Funds Rate jumped by nearly 2%.<\/p>\n<p><strong>This is indeed a big change for the Federal Reserve\u2019s \u201ceconomic stimulation policy\u201d as it kept interest rates below 0.25% since January 2009.\u00a0<\/strong> And with extremely low-interest rates, nearly zero, it allowed the United States to more than double domestic oil production.\u00a0 Unfortunately, this newly created oil supply has come at a huge cost.\u00a0 It has created another big mess which I call the U.S. Shale Ponzi Scheme.<\/p>\n<p>But, before I get into details of this article, I wanted to let my readers and followers know that the lack of articles this week was due to a freak storm that impacted our area.\u00a0 We had a mini-tornado or a micro-burst that touched down in our local area which caused a great deal of destruction, mostly to trees and bushes.\u00a0 In a little more than 10 minutes, upwards of 100 mile per hour winds uprooted, snapped and destroyed a large number of trees on our property.<\/p>\n<p>Interestingly, there was only minor damage done to one home in the adjacent neighborhood.\u00a0 The homeowner\u2019s wooden porch and garage tin roof were ripped off, and part of the roof is still hanging 30 feet up in one of our trees.\u00a0 So, I have been quite busy not only cleaning up the mess on my property, but also helping my neighbor.\u00a0 I will say, the good thing that came out of all this destruction is how our neighbors came out together to help out.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve\u2019s Rising Interest Rates Are A Ticking Time-bomb For U.S. Economy One of the worst things for an over-heated and extremely leveraged economy is rising interest rates.\u00a0 So, with the recent 2-2.25% interest rate, big trouble is on the horizon,\u00a0 Also, with higher interest rates, the U.S. Treasury will have to fork out [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[303,431,534,723,22161,12073,827,3650],"class_list":["post-38803","post","type-post","status-publish","format-standard","hentry","category-economics","tag-fed","tag-interest-rates","tag-monetary-policy","tag-shale-oil","tag-shale-ponzi","tag-srsrocco-report","tag-united-states","tag-us-federal-reserve"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38803"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38803\/revisions"}],"predecessor-version":[{"id":38804,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38803\/revisions\/38804"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}