I reckon we are heading full steam for a major financial crash originating out of the US.
My timeline prediction for this is before October 2016, we will have had experienced this crash.
If it does not happen by then, that will mean there has been major quantative easing, and when the bubble does burst, it will be substantially worse than expected, which is already pretty bad.
RE: Are We Now In A Recession?
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Are We Now In A Recession?
You're right. I think the Fed and other central banks have painted themselves into a corner. All they can do, based on their Keynesian mindset, is what they have been doing, which hasn't worked at all.
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Try to imagine that this isn't happening by chance, and that they puppet masters knew what the effects of their actions were with regards to the financial model they forced upon us.
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