Monday, July 3, 2017

Market Meltdown predicted before the end of the year

Market analyst Lynette Zang has deep Wall Street experience and is starting to see a worse setup than just before the 2008 market meltdown. ....So, how long can central banks keep the debt party going? When is the next crash? Zang says, “I am worried that it will happen before the end of this year. What do you do when the computer says no? 
 There is a certain amount of cash in the ATM, maybe $60 a day, maybe $300 a day. Who knows? But it’s not going to be enough. So, that’s what it is going to look like. Most people will freak out because they have about three days of food in their house. Most grocery stores have about three days of food on their shelves. So, what happens after day six? People will be scared for sure, and they will panic.”

I am just repeating what I am reading.  I think there will be a major crash, but next year, not this. And I don't think it will cause people to run out of food.  But who knows.

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