There is no REAL wealth out there – plenty of paper or ‘0s’ on a computer screen, but it all has value only if somebody says it does.
“Financial Crisis Of Historic Proportions” Is “Bearing Down On Us”
John Mauldin of Mauldin Economics latest research note, Prepare for Turbulence, is excellent and a must read warning about the coming financial crisis. Mind refreshed from what sounds like a wonderful honeymoon and having had the time to read some books outside his “comfort zone” he has come to the conclusion that we are on the verge of a “major financial crisis, if not later this year, then by the end of 2018 at the latest.”
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