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|User Info||Prognostication: Here It Comes; entered at 2017-04-17 11:56:31|
When 10% of the population dies within a rolling 3 year period your house price will collapse by 50% and the bond market, which underwrote all those mortgages, will blow up too. Stock prices will collapse 70% OR MORE.
Prices are always determined at the margin and when you combine that with the horrendous leverage/debt load in our system you will get the mother of all crashes.
Saying that interest rates will go UP is basically saying "this time it's different".
Saying that the debt can double again and interest rates can go up at the same time is the same as saying that you believe in the Tooth Fairy, Santa Claus, Unicorns, and all other mythological creatures. So yes, if you are saying "this time it's different" in the cynical way you are right on the money because its not.
When the Market decides to call bull**** I predict that it will all fall apart in a week's time. Once the rush starts there will be no stopping it.
As for diabetes cookbooks, I have a friend who was diagnosed as Type II 2 years ago. He's lost a lot of wieght, down to where he's the appropriate weight, but he still eats rice, beans, whole wheat bread etc and checks his blood 2x per day. I've tried and tried to get him to take a look at LCHF but he just says "I'm following the American Diabetes Association suggested diet."
It is not like I haven't tried talking to people about diet, debt, the coming crash, etc, it is just that they don't want to listen.