One has to wonder, considering this...
That's quite a nice little drop, considering that the broad market is only off a quarter of a percent and the DOW is actually up a few points.
There are, however, two factors that are quite bad for banks:
This, of course, is not good for the stock market. But I want everyone to remember why it's a problem, not just that it's a problem.
The problem is here. If the banksters and government cannot find a way to run another geometric debt scam then the entire ponzi scheme that has held up asset prices for the last 30 years will collapse.
Not "might collapse", or "could collapse."
Someone smells something, and the stench appears to be originating in Europe -- but do not be fooled into believing that it will remain there, because it will not.
It's coming here.
Where We Are, Where We're Heading (2013) - The annual 2013 Ticker
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