Warnings of an imminent collapse in the bubble economy were pretty spot on given this speech was in Feb 2006, not that I’m extolling the virtues of PS.
Some would consider a 25% increase in M2 in a single year (2020), without a meaningful rise in rates (10yr yields are pretty much the same as a year ago) is the perfect set up for another sharp correction. The only thing stopping it is a 10% decline in the USD since March 2019.
- Forums
- Commodities
- gold
Warnings of an imminent collapse in the bubble economy were...
- There are more pages in this discussion • 33,359 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)