John Mauldin – This Nightmare Will Trigger A Cascading Effect And Then The Unthinkable Will Happen
KingWorldNews.com
June 07, 2016
Today John Mauldin warned King World News that a nightmare will trigger a cascading effect and then the unthinkable will happen.
John Mauldin: “If I had gone to people four years ago and said, ‘40 percent of the world’s sovereign bonds would be at negative rates (even 40 percent of corporate bonds now in Europe are coming out at negative rates), central banks would expand their balance sheets $10 trillion, and that the world would somewhat look normal, with all of the geopolitical risks that we have with ISIS, etc,’ people would have said, ‘John, what are you thinking?’ And yet all of those unthinkable things have come about…
John Mauldin continues: “The world has been turned upside down, and we now have to think the unthinkable. And it used to be that thinking the unthinkable was dangerous to your portfolio. Now you have to look at it and say, ‘Thinking the unthinkable is the only way to be defensive.’
The Rest…HERE
