In fact, I believe that the greatest stock market crash in U.S. history is coming.
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I also believe that we are on the verge of a major world economic system collapse.
I posted the following on another thread yesterday:
Most people are not seeing REALITY.
Here’s what Bill Holter of Miles Franklin has to say:
https://www.youtube.com/watch?v=60sA0iDQtLI
“That didn’t take long did it? I of course am speaking of the second overnight and global meltdown of the credit markets …in the last four business days! Before getting into this topic which I believe will soon be seen in retrospect and by historians far into the future as “THE” trigger event.” (sic)
(snip...)
“...this you must understand, “power” is currently debt. The control of debt is also the power of prices. Once debt breaks loose and trades out of the control of central banks, these central banks will also lose the control to price everything else. We have come very close twice in the last four trading days of the credit market control being broken. Will loss of control be on the next convulsion? Or the next? I nor anyone else knows this answer, I do know the greatest margin call in all of history will be issued … and it cannot be met!” http://blog.milesfranklin.com/a-foundation-of-bad-credit-is-no-foundation-at-all
Pray ... and prepare!
Sheer nonsense.
The world economy is just sputtering along. There is no apparent bubble.
Two of the world most populous countries, India and China, are just now beginning to move their people out of poverty and into a semi-developed state...and that will actually have an even more stabilizing effect on the world economy.