Earthquakes In The Financial System & The Global Impact
February 23, 2014
On the heels of unprecedented actions being taken across the globe, today a 40-year market veteran sent King World News a fascinating piece which discusses the earthquakes taking place in the global financial system, how the Fed is actually ramping up QE, and how this will have a global ripple effect. Robert Fitzwilson, founder of The Portola Group, put together the following tremendous piece below exclusively for King World News.
By Robert Fitzwilson of The Portola Group
February 23 (King World News) – Earthquakes In The Financial System & The Global Impact
A proposal has been put forth to split California into six separate states as it is claimed that the state is considered too big and too diverse to govern properly. With enough signatures, it will be placed on the next ballot.
If one thinks in terms of millennia, it will be a moot point. Due to the movement along the San Andreas earthquake fault line, San Francisco is inexorably heading toward Los Angeles at the rate of two inches per year, and the two cities are projected to be one anyway in several million years.