Tuesday , 19 March 2024

Curtains To Come Down 70% On Greatest Bull Market & Bubble In History By 2017 (2K Views)

Since late 2008 the world’s central banks have printed whatever amount of money they deemed necessary to stop the depression and deflation meltdown that started in the second half of that year but there is a limit to how much you can stimulate an economy pointing down… especially one already up to debt levels twice that of the last great bubble boom that peaked in 1929 – 4 times if you include unfunded entitlements. So, where do we go from here? Maybe up a little higher but, more likely, it’s all downhill from here though perhaps that statement is misleading. More like, down a cliff.

While we could only see a 15% to 20% correction this summer – as central banks fire all cylinders before they fail even more miserably – I expect a 70% drop in the Dow by early 2017 – down 80% or higher by early 2020 – and that means the curtains are coming down for the greatest bull market and bubble in history.

Read the original unedited article (with chart) HERE:

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