But as you can see in the above chart while the two periods depict very similar market movements, 2015 has generated the same pattern in a much more accelerated time frame.
From this chart and the excerpt above I have a couple points. First is that we cannot listen to the Fed or any mainstream economists because we know they will be the last ones to realize or at least to acknowledge that a severe problem exists.
So please don’t ever think things are ok because you’ve heard it so from Stevel Liesman or some other clown pretending to be an economist on television.
The second point is that according to the excerpt above from Bernanke’s 2007 Economic Outlook, the fundamental landscape directly ahead of the Credit Crash appeared almost identical to what we are experiencing here in 2015.
I would caution you not to quickly write it off as just a coincidence. Learn More...
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