>>As in 1929 style crash, and resultant depression?<<
Yup. Maybe worse. We have been in deflation for a while now.
absolutely right!...most of us wouldn’t last a month...I’ve got a 7 figure worth in investments and they don’t mean crap....they’re just monthly statements from banks/brokers...scraps of paper...we keep $5000 in cash/silver on hand but how long would that last?...not very....the dominos are starting to fall now...and it will be very ugly before it’s over.
Yeah, I’ll prolly catch it from both ends. My house value is in the toilet and Merril Lynch manages a couple times six figures of my 401K plan. It don’t look good for early retirement.
Starting? Where have you been? Dominos have been falling for some time now.
I told my wife this morning that the day I have been predicting for just over two years appears to be today.
I expected this thing to look a bit like a parabolic curve and at some point it would hit that “everybody knows now” phase.
This may be it, but we’ll see how it plays out. I almost wish it were for the simple reason that the sooner this nonsense is exposed for what it is, the lighter the impact and the sooner we can move on. The higher the rocket goes, the farther it has to crash - and the greater the pain.
It’s already gonna hurt like he!!.