Good post23 Sep 2017 20:40
But I beg to differ. All the stock markets are at insane levels based on growth through printing money.
Debt is at crazy levels and the policy makers are hamstrung, raise rates aggressively and he homeowner are hit first, lack of spending power and in a lot of case a new generation of home buyers who can't remember interest rate ms at 5-7% that's a huge jump.
A huge correction is on the cards as real wages have not gone up for close to a decade.
So where has all this printed money gone ? Governments are still borrowing like crazy and it will take one event and the whole pack of cards will come tumbling down.
Next year IR the year after who knows but this could be the next Great Recession. All recessions are cyclical and we are due another
2000 dot com crash 2008/2009 financial crash
The 70s and true 3 day week.
Bubbles building in crypto currency,
The list of risks is endless
Not many safe havens and happy to be a holder in a low valued gold miner about to kick start POX just when all he'll could break loose.