The Crisis Is Just Beginning (Here’s Why)

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Is 2008 Unfolding All Over Again?

I believe what is starting to unfold will be 2008 x five unless the Fed and the other big Central Banks print enough money to monetize the fraud in the banking system. But if the Fed takes that kind of action, the dollar will likely collapse.

US Leading Economic Indicators Tumble For 11th Straight Month, Signal Recession Imminent

This is the 11th straight monthly decline in the LEI (and 12th month of 14) – the longest streak of declines since ‘Lehman’ (22 straight months of declines from June 2007 to April 2008)

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