In his latest investor letter (via Gurufocus), Kyle Bass lays out his case that a wave of hard defaults is coming. His basic argument: The world is just saddled with too much debt. Throughout history, he says, total debt-to-GDP only ever breached 200% when nations were spending on war. Today we’re at 310%. Says Bass: […]
Global Super Debt “Tipping Point” 2012 Read More »
The euro is on the chopping block, and the dollar UUP – PowerShares DB U.S. Dollar Index Bullish Fund (NYSEARCA:UUP) isn’t far behind. ShadowStats.com’s editor John Williams’ just published a gloomy outlook for the U.S. due to the demise of the dollar and the emergence of hyperinflation that could be a reality as soon as
U.S. Dollar On The Chopping Block Read More »
Based on the astrological transit blackbox forecast of the UUP UUP – PowerShares DB U.S. Dollar Index Bullish Fund, it seems we are coming to another point where we face risk of systemic collapse, therefore expect another round of quantitative easing (QE3) as a result which will pull the trigger for massive dollar selling, moving the nation into much
US Dollar Demise In Progress Read More »