July 18, 2020

Financial Collapse - Impending Stock Market Armageddon - Sooner Than You Think May 19 2020


"As I discussed in the last video - It's very unlikely that the $3.7tr rescue package will ever be seen by retail investors -It's FIMA bound. Cash is king, volume is down, the Institutional buyers are sitting on their hands, EPS figures are shocking and corporate debt is ballooning and the 'market' is going up up and away!But not for long. This market is like a hot air balloon carried along on the winds of hope BUT alas debt, more debt and no earnings to pay it off will soon turn illiquidity into insolvency. Therefore down she goes!"

Obviously as of July 18th its no surprise that this kind of scenario is coming soon. Remember too that central banks have been propping up the stock market to the tune of 4-5 trillion!

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