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Just as an aside.
Some phrases to listen for:
“Margin calls.” They come around 1 pm. The folks who thought we were done leveraged up...and will get beat up.
“Liquidity Crisis”. The margin calls cause traders to fund their positions (or the brokerage sells them for them!” Look at Gold shares gets destroyed. This is a wonderful for buying physical gold.
“Deflation.” After the liquify crisis causes everyone to sell ALL of their leveraged positions, the price of everything drops. Look at oil down 10% in a day. Yikes. If the price of everything drops, and the supply is good....it’s “bad” for the economy.
Watch for QE to the moon next week.
You cannot push in a string. This is the economic disruption I wrote about weeks ago.