Agree with Mish on how quickly the cascade can happen when it happens….not that it will happen but when it happens; time to brace for contagion effects and interconnectedness…if only we knew the exact date…but the last time I sounded out, it took a good one year later…this time maybe not.
But like I said, do we wait for the event ? Actually the event has begun already , question is where do we go from here.
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