Like Something Out of a Novel–Some Predictions for 2009-to-2019
The economic headlines in the past couple of weeks have sounded like something out of a disaster novel that I once read wrote. The international financial and equities markets are spinning out of control, with seemingly wider and wider gyrations with each passing day. Since there are so many variables, the end result is difficult to firmly predict, but one thing is clear: It will be neither easy nor pleasant. My current prediction is that the governments of the English-speaking nations and Europe will co-conspire with the banksters to concoct the most grandiose Mother of All Bailouts (MOABs) yet. This …