Hello All
Short bio about myself: I was a student at ASU recently graduated with a useless psych degree back in 2013 thinking all was well in the world until I started self teaching myself economics and to say the least it was probably the most eye opening information I have ever learned without the all the useless college debt which is where I will start my opinion story on this collapse.
Since 2008, the U.S. and the world has spiraled into mountains of debt with each country QE the heck out of their currencies and buying useless U.S. treasuries to shore up their balance sheets and create massive bubbles in their own countries to hide the mess while making the U.S. look good. I have read about the shemitah cycle and am afraid if my technical charts are correct even if the shemitah cycle was not falling on this year, demographics tell us that the stock markets should take a tumble around end of October-November time frame and we should start seeing declines of about 20%-30% per month. Negative interest rates are impossible because it would make the U.S. treasury bonds completely useless and countries will start dumping U.S. treasuries by the truck load pushing interest rates upward like a rocket. Unless the Federal Reserve or the Treasury's Exchange Stabilization Fund starts another QE program soon to push this collapse till next year I am 98% sure this will start end of this year signaling deflation following a huge inflationary QE program our central bank will do to combat the destructive deflationary collapse we will be in pushing precious metal prices through the roof after all assets take a tumble.
This is just my opinion of course but please feel free to share your opinions with me as well!
Take care brothers && sisters