The Gold Crash. The Stock Crash. The Real Estate Crash. The Bond Crash. The Dollar Crash.
Are we having fun yet...?
Well at least misery has company...lots of it!
This is going to be a really interesting summer...! Stay tuned... I'm trying to figure this mess out without resorting to conspiracy theories and mysticism...!
My hunch is that we are entering a period of Stagflation...because stagflation is how we "do" depressions in the post gold standard economy. Stagflation is the post-Keynesian crash scenario.... We don't have "runs on banks" we just print money until the system gags on the paper!