US aerospace giant Boeing has secured commitments on over $12 billion in financing from more than a dozen banks, to buy back their own stock with cheap (fake) money from the Federal Reserve.

The money which was supposed to help the struggling firm is in fact disenfranchising it. “On the other side are executives, who are getting that money from the Fed directly into their pocket.

Boeing now is no longer a viable company. It is so bad that in fact even money at zero percent is not going to help them recapitalize this garbage company now. Boeing, has become worthless, and is essentially insolvent after the Max disaster.

There are a lot of zombie companies in the S&P 500 that are like Boeing. Central banks around the world will continue printing money as long as it’s necessary, says legendary investor Jim Rogers, calling it “madness.”

The Boom Bust about the state of the global economy has become clear and this is what the future could be over the horizon. Never before in world history have interest rates been so low, Rogers says.

The US’ central bank, the Fed, increased its balance sheet by over 500% in less than a decade. Japan’s central bank prints money and buys ETF’s and bonds.

Since then the debt has skyrocketed everywhere and it’s going higher and higher. We are going to have a horrible time when this all comes to an end.

Eventually, the market is going to say: ‘We don’t want this, we don’t want to play this game anymore, and we don’t want your garbage paper anymore. Enough is enough.

When that happens then central banks will print even more and buy even more assets.“And that’s when we will have very serious problems… We all are going to pay a horrible price someday but in the meantime it’s a lot of fun for a lot of rich people.

RT. com / ABC Flash Point News 2020.

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