Is there a plain-English version? Fat chance!
If you noticed it was originally published nearly two-months ago and the scenario is only now becoming obvious, what with the DOW falling.
I paid off my house, sold the Cadillac, have no loans at all - still, I do not feel comfortable. It is stuff like this which really gives me the willies!
What I think it means is an economic free-fall.
Business Insider is like the National Enquirer of financial stuff. A lot of hype. The guy is an Obama supporter.
With all that money leaving at the same time, it's either planned or somebody or somebodies know something bad is about to go down and they are taking their money and running...
I gotta bad feeling about this and it started the day of Obola's inauguration.
I don't think anybody knows what any of this means. There's just so much that could go wrong at once, that governments might lose the ability to manipulate things.
I'm wondering if a lot of people aren't taking some money out of riskier things, and not putting much new money in stocks or bonds. Having some money aside, paying things off, and buying supplies a bit ahead of time for winter might be cutting down on investments.
It just feels weird, and nobody seems to have much of an explanation about why the market has been so strange this week.