To help put this drop off the financial cliff in some kind of "perspective", today is January 14 !!!!
To see valuations drop like this in less than 2 weeks is mind-blowing
. . . which sort of echoes what I have been saying, pretty much every day since the first of the year
falling oil prices, A STRONGER DOLLAR
damn, even if I say so myself . . . I really do seem like Madame Andre the Wonder Bird when it comes to predicting the economy
back in 2007, 2008, and 2009 I consistently outlined what was going to happen, in very minute detail, and I was rarely wrong
and whenever the thing happened, I SAID would happen the papers would always say "and no one could have predicted this"
and I wanted to write them and say "well I did !!"
get ready (again); no one "knows" what's happening this time either in "expert land" because most of them have already roped off a part of reality as being impossible
the reason I was consistenly right where everyone else wasn't came down to this simple fact
when I looked at what was driving the future, I didn't say "oh that can't be" because it is the United States
that "oh it is the United States, so this is impossible" blind spot caused most people to skip past what was right in front of them
it will happen again
hang on TIGHT -- the economy will soon be thrill a minute entertaining