Has The Date Been Set For The Great Economic Collapse?
- The Ides of March (15 March) is the next critical date to watch because:
* FedRes meets and will very likely raise interest rates. Market probability of interest rate increase has hit 90%.
* The US debt ceiling ‘holiday’ will expire on 15 March. Thereafter, if the ceiling is not raise, the US Govt will run out of money.
* Theresa May, PM of UK, has indicated that she will trigger Article 50 for Brexit on this date despite opposition.
- Published on Mar 2, 2017
Silver and gold was slammed today. Initial jobless claims is at its lowest point in 44 years. BCBG filed bankruptcy. The art bubble is popping. CalPers threatens to slash pension benefits. Trump sent a message to every American that the economy is collapsing. Rickards, Stockman say Trump will not be able to avoid the debt bomb that is ready to go off. The Fed has set the stage to bring down the economy. BofA has analyzed the market and makes a prediction that the economy will collapse in the second half of this year.