We talked to Andy Hoffman today. It looks like it’s 2008 all over again. The only question is what institution or country is going to blow up? There’s so many possibilities that it’s impossible to predict. But the situation is quite grave. Greece is getting worse by the moment. Japan is rapidly sinking. Overnight rates in China purportedly hit 35 percent. And of course in the US the 10 year hit 2.43%. It’s getting more interesting by the moment, so buckle your seat belt.
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