Here’s an experiment for you to try.
Ask 10 people this question: What do you think about our debt crisis in America?
Unfortunately, the average person won’t know what you’re talking about.
This is probably the best reason why you need to be up to speed about the Turbulent Times approaching with the imminent Bond Contagion starting in 2020, The Year of Chaos.
If you don’t know it yet, you need to realize that the bond market is massive compared to the stock market.
Putting that into perspective you should also realize that the stock markets affect on the economy pales by comparison to the Bond and Real Estate markets.
For proof all you need to do is look back at the melt-down in 2008-2009 to see how it first happened in the bond AND real estate market.
Ironically (or NOT) we’re looking at a repeat of the last meltdown on steroids.
And the cracks in the armor are showing up in the REPO market…just like it did in 2007-2008.
By the time the world caught on to the mess in REPO’s it was too late.
In a nutshell, The REPO market is made up of short-term money markets. You know, the place where you get basically NO interest on deposits from the banks.
The banksters, however make money from you not making money in money markets.
Recently there’s been a monumental increase in volatility in REPO’s.
Why?
One word.
Europe.
No one wants to buy their debt.
It’s toxic.
And it will be the first major domino to fall in the bond market in the near future.
Read how to get out of this freight trains path in our November issue of “…In Plain English” (HERE).
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