Saturday, January 23, 2016

Economy

Corporate buybacks are the final stage before the Big Crash.

The same supply-siders who missed the last crash say stocks aren't overvalued.

The skyscraper curse goes mainstream in Barrons.

Mainstream media has started predicting a crash and noting the Fed consistently predicts to high of GDP.

Central banker warns of crash.
"The situation is worse than it was in 2007. . . . Debts have continued to build up over the last eight years and they have reached such levels in every part of the world that they have become a potent cause for mischief.  It will become obvious in the next recession that many of these debts will never be serviced or repaid, and this will be uncomfortable for a lot of people who think they own assets that are worth something."
It's coming.

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