The world is at severe risk of a global systemic financial meltdown and a severe global depression
10/10/2008 § Leave a comment
When in markets that are clearly way oversold even the most radical policy actions don’t provide rallies or relief to market participants you know that you are one step away from a market crack and a systemic financial sector and corporate sector collapse. A vicious circle of deleveraging, asset collapses, margin calls, cascading falls in asset prices well below falling fundamentals and panic is now underway.
GET OUT WHILE YOU STILL CAN!!