I still think there will be a general default — call it a Jubilee if you like — and a massive reset. The global financial system is a meaningless house of cards. It’s propped up because “whatever” and eventually it’s just going to crash.
With morals and ethics at all time lows, it is a culture of “stick it to the next guy” whenever possible. In the end someone has to lose.
If inflation starts going up, then this guy was right!
If inflation eases, then this guy was right!
If inflation varies, then we're riding the roller coaster, and once again, this guy was right!
It is all set up to fail in 2016. The Free Money Jones industrial average cannot truly be at 17000, well a bit less now. We have nothing but government debt paying government debt. The movers and shakers set up a big 17000 rally and now they will take their ball and go home. At some point interest rates must rise again, then debt won’t be able to pay debt.
The democrats have played every card but the fatal one and there is NO way they will do that with a democrat president. I think Hillary would be the perfect 2016 president, they wouldn’t dream of playing that card yet.
Truth is, they are big wall street players.
If a republican wins buy lots and lots of food, cause they will play the death card. They played it back in the faux collapse by a bank run. We don’t have anyone who can stop their bank run, they have all the real money. The last crisis will look like a dry run compared to their next one.
That is sitting on top of a foundation of a QE house of cards.