XJO - Bear Posts only (Factors which might cause the markets to fall), page-12260

Steven Van Meter thinks the China property (ponzi) scheme is on the verge of collapse and could trigger a GFC.
He also believes the US economy is on the verge of collapse because of rising oil (and energy) prices which he expects will go above $100/barrel.
On top of that, credit card debt is soring and banks are tightening their lending standards (clamming up).
The next phase happens when businesses begin dumping inventories and sacking workers - before they go broke.
Maybe, this is what Powell meant when he said "what happens next . . ." ?