Posted on 03/15/2014 2:47:50 PM PDT by Oldeconomybuyer
Commentary: Black-swan crisis warning for now through mid-April.
SAN LUIS OBISPO, Calif. Global risks are accelerating. This is our fourth major poll update of industry leaders: A critical review of their warnings from early last year when we first predicted a 87% risk of a crash: Bernankes Fed saw an unsustainable bubble ... Gross: credit supernova ... Gundlach: kaboom ahead ... Ellis: Dont own bonds ... Shilling: shocker ... Roubini: Prepare for perfect storm ... Shiller: Irrational exuberance is back ... Schiff: Doubling down on doomsday prediction ... InvestmentNews warning 90,000 advisers: tick, tick ... boom!
(Excerpt) Read more at marketwatch.com ...
Your 401k, mine, everyone else’s will soon be worthless anyway. It is based on “cash” and the dollar won’t be worth much soon.
Agreed ... we're not in some economic cycle .. we're in totally uncharted waters where the Fed is having to print $85 billion every month just to keep the economy on life support.
The situation today is totally unprecedented in American history.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.