Friday, June 28, 2013
Is A Major STOCK MARKET CRASH Coming?
Is A Major STOCK MARKET CRASH Coming? Dick Morris TV: Lunch ALERT! Dick Morris explains
2008 stock crash will be a small crash as to what is ahead. Its not about the stock market. This bubble is in Treasuries and the day the fed stops propping them up we're in real trouble. If you look at asset prices priced in gold you'll see no stockmarket bubble at all. America can no longer handle interest rates over 2-3% without risking total collapse (just do the math.) Our only options are default, deflate, or massive and immediate austerity.
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According to CNBC, profits are up but revenues are down. This is giving concern that the economy really is slowing down. This seems to be big crash ahead in stock market.
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