Magic 8 Ball says... 
Economic “gurus” don’t make money by saying “There really isn’t gonna be anything major in the next year.”
was he using the Mayan calendar this time?
lemme check my crystal ball here, read the tea leaves, the Tarot cards
I can’t stand these stupid predictions
Any number of single events could spark that collapse, namely, OPEC countries suddenly refusing to accept dollars for their oil, China and/or Japan sitting out our Treasury auctions - or dumping their entire holdings on the market, sending US interest rates to the double digits withing days or even house.
Chances are high GC knows something most of us do not. He could be wrong, and I hope he is.
This has gone on for quite some time, will continue and won’t end until there’s an outside reason forcing a change or an internal reason that is politically advantageous for leftists. All the traditional means of prognosticating and reading the tea leaves have flown right out the window because it’s no longer based upon any fundamental market force. A China crash or bubble collapse would make Chinese goods all that much cheaper in the long run and cause a flight to safety in US currency and instruments in the short run. Who else is in a position to swing the needle in an impactful way upon the US at present? Russia? They’d like to think so and are rattling sabres again, but I suspect not.
Magic 8 Ball says... My crystal ball says September 2015.
With FATCA hitting on 7/1/14, time to buy Swiss francs? I’m going to Switzerland around that time, so I’m will need a few extra anyways. BTW, the Swiss franc is usually around parity with USD or slightly higher, but the Swiss actually have a 1000 franc note.
It’s already hit. They just haven’t told you how much we’ve bled yet.
Talk to any Commercial land agent and they’ll tell you what will happen, and when.
Bump
Let me make a prediction.
There will be a collapse when the money stops flowing from Washington. The stimulus has gone on longer than even the Feds thought it would.
It won’t happen with a sudden giant sucking sound. It’ll be a slow, long, drawn out death of America.
1st Qtr results will be revised downward later as always, 2nd Qtr, by the Regime accounts will be a “rebound”, but do their numbers have any cred? 2008 crash was in Sept/Oct timeframe, and I believe the 1930’s crash came in the same slot..........what a coincidence, right before an election with a Messianic figure there to claim he needs to stay for the “countries own good” of course.
This first quarter drop is the biggest when you include the false 3 percent that is already being added to the GDP, AND....THE DROP FROM THE PREVIOUS QUARTER.
So the drop from one quarter to the other is around......................9 PERCENT!!!!!!!