Just think of the Federal Reserve as a dam, we've had a lot of rain, the rivers and creeks are swelling, but there is a lake behind the dam. Now the Corps of Engineers (Federal Reserve) is trying to slowly release water downstream which is our economy to mitigate potential damage, but the dam is old and the infrastructure needs repairs (Congress and the financial system) but they didn't and won't authorize the repairs, because they couldn't get their act together. There is infighting, bickering, blame, finger pointing, greed etc...In the meantime because of "Normalcy Bias" has taken root and even the mainstream media, pundits and experts even notices that the dam is springing leaks (multiple asset bubbles) but who cares everything is normal they cry out loud. Now the Corps of Engineers (Federal Reserve) has done all they can, in the meantime the rivers, creeks and lake are continuing to swell with damage all around (states, municipalities, different industries; ie; automobile, commercial real estate, consumer credit, retail etc). more rain is in the forecast.
Here's the kicker, some years back we had an issue in the farming community (Banks, Wall Street, mortgages) and the Tares (fungus which are credit default swaps, derivatives) were never separated from the Wheat (good business) and identified, they just smoother it over. The whole system almost collapsed back in 2008 and the Deep State decided not to separate the Tares from the Wheat in the field (World). See the Tares look like wheat but it is actually a deadly fungus.
Oh I forgot the Deep State says everything is honky dory.. See we've been programmed by the Deep State through a web of lies and deceit spun by the Deep State (monetary authorities, political establishment, financial lords and masters of desires) that debt is good, greed is good, shining is good. They luv that we are a nation of unthinking nitwits that are being cut off at the knees, or bent over with no grease, by the schemers and plotters.
It reminds me of the old TV show "THE OUTER LIMITS" with the words "there is nothing wrong with your television sets, do not attempt to adjust the picture...We repeat there is nothing wrong with your Television sets...just sit quietly." Now while everyone is sitting quietly by their TV sets we are all in a trance mode the dam breaks like a thief in the night... "O foolish Galatians (people of the world) who has bewitched you before your very eyes, that they came to lie, steal, kill and destroy." So here I stand the "truth remains that the light of the wicked will be snuffed out" and exposed for all to see.