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ALERT: Markets Are Highly Unstable, China Is Crashing

Our first alert in over a year
Monday, June 29, 2015, 4:41 PM
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The multiple global bubbles in search of a pin may have found one in Greece.  The carnage there is clearly accelerating, and the central planners are straining mightily to get control back.

While the odds favor them doing so, the risk is very high that they may not and that we are now in the 'descent' phase that follows the inevitable ending of the 'virtuous' phase (if we can call it that) of the money-printing experiment.

 

 

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