Two things I have been predicting for years that most people just can’t get have just started to happen.
You know when a person keeps going into cardiac arrest or flatlining, the doctors keep shocking them with the defibrillator until they finally give up and pronounce the patient dead?
I say the economy was finally pronounced “dead” on Monday when stocks crashed 3,000 points, the highest ever, after the greatest injection by the Fed ever – trillions of dollars since Thursday, with a peak on Sunday night.
1) The markets finally realized that you can’t stop a crisis by printing every more money, as it’s just “denial” and “something for nothing,”
and
2) The first crash out of a massive stock bubble like this tends to be 30% to 49%, or 42% average within 2.5 months.
This is all happening now. Everyone told me it couldn’t happen – central banks and governments wouldn’t let it.
The market is making its first attempt to find at least a short-term bottom. I…