>> Even though those of us that saw this coming have been giving a detailed play by play account of the unfolding crisis for months
And months... and months... and months...And months... and months... and months...And months... and months... and months...And months... and months... and months...And months... and months... and months...And months... and months... and months...And months... and months... and months...And months... and months... and months...And months... and months... and months...
Congratulations! Sooner or later y’all razor-sharp analytical minds were bound to be right!
To use the worn cliché: y’all have accurately predicted seventeen of the last one significant Dow drops.
(and, yes, there ARE buying opportunities out there!)
One might not be able to predict exactly when an avalanche will occur, but when you see larger and larger piles of snow heaped upon the mountain, at some point it will let go.
This whole system is running on Unicorn farts right now. The only reason money has value is because the people still have faith in it. They are so ignorant that they don't know how bad the Federal finances are. Most of them don't even grasp the concept of a nation having failed finances.
As soon as that faith gets badly shaken, then we will see a financial crises.