MC just sent me a link. The EU is threatening member states with legal action if they don't pass 'Bail-In" legislation within the next 2 months.Here's the link.
Get your FRNs, folks. Convert as many as you are able into something useful, like gold, silver, lead, steel. Don't bother with too much toilet paper - whatever FRNs you are still holding when the music stops will serve that purpose.
Kerodin
III
This matches quite well with a number of other indicators I've seen recently regarding the economic implosion and its timing.
ReplyDeleteBut of course, I've never yet been right about the timing, so I just keep praying to be wrong, once again...
However I can say with certainty that the possibility of a Japanese-style "eternal recession" continues to shrink rapidly, so somethings gonna have to come to a head, and sooner looks far more probable than later