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The City Sees A "w" Shaped Recession


francis

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HOLA441

Or maybe an inverted square root recession:

Soros explained to Reuters that this meant: "You hit bottom and you automatically rebound some, but then you don't come out of it in a V-shape recovery or anything like that. You settle down -- step down."

Er I hope he is being facetious - isn't he?

Nest time I buy a tin of alphabet soup I am gonna see how many recessions I can make on my dinner plate...

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Harry Schultz newsletter Aug 7th

Conclusion: Stand by for a possible bank run & bank holiday on Aug 26th, after the news breaks on the 25th. (FDIC 2nd Qtr. Report)This is in line with the HSL prediction of a US bank holiday in Aug/Sept. If you live in the US, get 3 to 6 months household expense money out of banks now.

Tick Tock

Stack that metal people...things are about to get very interesting!

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