Ten years ago, the countries that, at one time, made up the “Free World,” were on a romp of spending to beat the band. At that time, many even regarded the spree as a “bull market without end.”
At that time, a small number of forecasters predicted that there would be a real estate crash, followed by the first stock market crash, followed by government intervention to “save” the economy. These developments would, very likely, be followed by a crash in the bond market, a further, more serious crash in the stock market, dramatic inflation (possibly hyperinflation), and, in due time, a collapse in the euro, the dollar, and, very likely, other currencies.
Read the complete article at The International Man here.
Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.