OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Goldi–I’m talkin some big time gloom and doom–here are some ZH readers comments:

Posted by Richard640 @ 21:41 on June 6, 2018  

We never came out of recession . When 100,000,000 Americans aren’t working and are no longer counted as unemployed how can there be a recovery ? The Federal Reserve printing presses did all the magic q-eternity and now the end is near. Crash and burn baby !

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All of the bears are right, fundamentally, but the fundamentals matter only when people are scared. We need a catalyst that spooks the complacency. When it happens this will get very ugly with very little notice, and the buy the dippers are going to get castrated and there might be blood in the streets – it will be awful

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Until the monetary system collapses, and judging by what is happening in the emerging markets (32% of world GDP, 44% of world trade) that is not going to be very long. Turkey, Brazil, Argentina, Venezuela, South Africa, Mexico, and most of the ME are already experiencing it. The developed economies will suck the wealth out of the rest of world, and then die. It is the cannibalization process that we projected would take place 6 years ago, and it is happening right now!

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.