A Huge Worldwide Crash Is Coming: Europe Is On A One Way Road To Hell, Turkey, Brazil, & Argentina Are Cracking, China Is Set For A Total Financial Meltdown, And President Obama Just Give The Signal To Short The Bond Market!!!

Wednesday, June 19, 2013
By Paul Martin

Investmentwatchblog.com
June 18th, 2013

When a central bank like the Federal Reserve turns itself into a hedge fund, you know the lunatics have fully taken over the asylum. leverage is leveraged again. madness is the meme.

The Greenspan put has been around at least since 1998 when LTCM was so conveniently bailed out by the Reverend ” free money ” Al. Bernanke has continued the tradition.

The result has been a set of incredible bubbles around the world, in overvalued financial assets and stocks in the West, and in currencies, commodities, real estate, stocks and bonds in all emerging markets.

Without QE oil would certainly not be $100 a barrel, and one million Russian tourists a year would likely not be vacationing in sunny Thailand.

The unwind is starting. Europe is on a one way road to hell. Greece and Cyprus are already there. Spain, France, Portugal, Italy, Slovenia, and others are close behind. every European bank is basically insolvent. Turkey, Brazil, & Argentina are cracking. China is set for a total financial meltdown, mainly self-inflicted, but of course Ben’s easy money has kept the music playing right across Asia for far too long.

Abenomics? two weeks old and already a busted flush.

Goldman Slams Abenomics: “Positive Impact Is Gone, Only High Yields And Volatility Remain; BOJ Credibility At Stake”

http://www.zerohedge.com/news/2013-06-18/goldman-slams-abenomics-positive-impact-gone-only-high-yields-and-volatility-remain-

Moody’s warns on China local government debt, financing vehicles

The Rest…HERE

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