RED ALERT: The Market Is Setting Up For a Crash – Multiple Signs Indicate A Market Top May Be Imminent – Fleckenstein: ‘Cyprus A Massive Train Wreck & Huge Catalyst’; Father Of The Euro: “Italy Is Next After Cyprus”…
March 27th, 2013
Father Of The Euro: “Italy Is Next After Cyprus”
“Cyprus is too small to fail. Look out for contagion.”
Fleckenstein – Cyprus A Massive Train Wreck & Huge Catalyst
…It hasn’t really unraveled very far yet because the central bankers and governments of the world are getting away with what they are getting away with. It’s hard to argue that much confidence has been lost so far, but it will eventually because all of these currencies are going to buy less and less as inflation gets higher and higher.
It’s a huge train wreck. It will be a different kind of train wreck than 2008. It will be a massive train wreck just the same, and it won’t start until it starts. You won’t be able to predict when it starts, you will just have to be alert to the clues that something has changed.” …
Cyprus: Banks Remain Closed as Students Rise in the Streets