Why Growth is Dead-Time to Prepare for the Coming Rout

Friday, May 13, 2011
By Paul Martin

BY CHRIS MARTENSON PHD
FinancialSense.com

Time to Prepare for the Coming Rout
The end of the second round of quantitative easing (QE II) is going to be a complete disaster for the paper markets — specifically commodities, stocks, and then finally bonds, in that order, with losses of 20% to 50% by the end of October. The only thing that will arrest the plunge will be QE III, although we should remain alert to the likelihood that it will be named something else in an attempt to obscure what it really is. Perhaps it will be known as the “Muni Asset Trust Term Liquidity Facility” or the “American Prime Purchase Program,” but whatever it is called, it will involve hundreds of billions of thin-air dollars being printed and dumped into the financial system.

The Rest…HERE

Leave a Reply

Support Revolution Radio