Daily Archives: February 15, 2017

Bits and Pieces – 20160115, Wednesday

Commentary: It’s always been a matter of timing. We have a fairly good ability to predict where the next “big one” will hit but few ever get the timing right. The collapse of the housing bubble in the US in 2007 was forecast by many. A habdul of people actually got the timing right and were paid handsomely for their effort. Many say that we are in a stock market bubble in the US, in a bond market bubble, that we have a credit market bubble. The EU is fraught with financial fault lines.

Today I came across a short essay by Howard Kunstler: Made For Each Other. In it, he argues that our financial system is the least well-grounded to survive the coming debt ceiling debate in the US and the geopolitical turmoil from elections in the EU this year. Victor Sperandeo forecast 10 days ago in a KWN interview: ALERT: Former Soros Associate Just Warned We Are About To Witness ‘Absolute F*cking Chaos’ Across The Globe, that the EU elections would cause a major crisis in late March or April.

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