Tuesday, June 3, 2008

20 reasons new megabubble pops in 2011

From MarketWatch:

You think I'm drinking that famous Beltway Kool-Aid, maybe because I'm predicting another meltdown coming in 2011? Well, you're being served from the same punch bowl, my friends.

Wall Street, Washington and the Fed are all praying the credit crisis is under control. Unfortunately, all their happy-talking is just a lot of hype, to hide their next bubble.
World markets are headed into another meltdown by the end of the first term of the next president ... and you won't even hear it coming under all the happy-talk....MORE