John Rubino says that the system was so over-leveraged with debt, and so out of control that it was just a matter of when, not if. Will the bank derivative blow up, and will that pull down the European and even the global economy? The stuff that could happen is insanely scary. Turkey is fighting with Russia and demanding that the US enter on their side. Will the US honor its NATO commitment? Hong Kong is giving out helicopter money, the Fed is cutting rates, and there’s no end in sight. Let’s see what happens next!
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