DEEPCASTER: FINANCIAL CRISIS PHASE 2 MACROEVENTS SIGNAL PHASE 3 IMPENDING…”while those who are unprepared will be devastated.”
FEBRUARY 16, 2013
Everybody talks about what they are not going to do, which is exactly what they are going to do. -Jim Oberweis, Oberweis Investment Management, 02/12/13
Yes, indeed, Mr. Oberweis. The Major Powers have begun a Competitive Currency Devaluation “War” = Phase 2 of the Ongoing Financial Crisis. But this War has only just begun. This is why the G-20’s “DRAFT” Pledge, while it may be agreed to, will never be implemented.
When, not if, this War starts to Rage out of control in the next few months, that will mark the beginning of Phase 3, which is inexorably approaching. Investors and Traders alike must be prepared for Phase III.
And those Investors and Traders who have prepared for Phase 3 can get rich, while those who are unprepared will be devastated.