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Post by Eric Gajewski on Sept 26, 2016 15:45:04 GMT
TradCatKnight: Beware of What You Wish For, as You’re About To Get It Economically, we are unquestionably – on a worldwide basis – living amidst the weakest conditions since the Great Depression. Which sadly, is not only plunging steeply downhill, at a rapidly accelerating rate, but features the triple-barreled terminal dangers of historic oversupply; unprecedented, parabolically-rising debt; and relentlessly hyper-inflating currencies. And oh yeah, 7.4 billion people fighting to survive in a world of rapidly declining employment opportunities; rising inflation; and non-existent savings. Frankly, I’m exhausted with documenting the countless economic “horrible headlines” each day – like the Cass Freight Index plunging to nearly its 2009 financial crisis low – so I’m going to take a pass for a day. Other than to say, that today’s reality-exposing crude oil plunge – based on news that my vehement prediction of NO DEAL at next Tuesday’s Algiers producer meeting will in fact be the case – may well be the straw that breaks the financial markets’ backs.
tradcatknight.blogspot.com/2016/09/beware-of-what-you-wish-for-as-youre.html#more
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