Friday, March 21, 2014
Another bubbled bubble
article suggest that according to the Warren Buffet indicator that markets could crash by 50% this year. I do wonder whether dear old Putin is being lined up as a scape goat. If only he would invade eastern Ukraine, leading to interventions, a European energy crisis and a banking crises, a worldwide asset collapse could then be blamed on him ( as no one could have seen it coming) and the international financial vultures could then sweep up assets at cheap prices and re set the cycle for the next time around.