2012-07-20 — alt-market.com
Despite the astonishing amount of manipulation that goes into our fiscal system by major banks, there are still a few fundamental rules to economics that never change. The bottom line? Demand around the world is derailing, hinting at a broad spectrum disintegration of public buying power. Where demand goes, so goes the economy.
So, what comes next? According to the path which I predicted back in January, the economy is near a climax event. Perhaps an announcement of QE3 leading to ugly dollar devaluation, perhaps another bankruptcy by a "too big to fail" conglomerate leading to a firestorm in stocks, or perhaps even the exit of certain countries from the EU. Maybe all of this and more. The point is, keep your eyes fixed on the financial sector as we move into fall and winter. There is a bleak harvest on the horizon...
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