Source: How To Survive The WinterThe point is, the Potemkin village of inflated stock and real estate prices cannot continue indefinitely. When asset prices crack, and pension funds are exposed to be in terminal arrears, exacting clarity will prevail. Federal, state, and local governments are flat broke. So, too, are corporations and consumers.
Monitoring the Monetary System and the Flow of Capital for Forecasting the Business, Financial and Currency Cycle - and Investing in the Emerging Economies from the Euro Global Reserve Currency - on lucabindi.com