Fed’s ‘Tinderbox Time Bomb’: Wall Street Bear Predicts Imminent Market Crash… Greatest Credit Bubble in Human History Ready to Burst..

by
Sharing is Caring!

Mark Spitznagel, chief investment officer of Universa Investments, issues a stark warning about the Federal Reserve’s actions, claiming they’ve inflated the “greatest credit bubble in human history.” In a recent interview, Spitznagel painted a grim picture of the U.S. economy, predicting a mega inferno in the form of a major market crash within the next few years.

Known for his pessimistic stance on the economy, Spitznagel compared the Fed’s constant monetary intervention to suppressing wildfires in a forest ecosystem. He argued that the suppression has led to a point where any economic downturn could be catastrophic, likening it to a forest fire destroying the entire ecosystem.

https://www.msn.com/en-us/money/savingandinvesting/there-s-no-real-good-end-wall-street-bear-says-the-us-is-in-the-greatest-credit-bubble-of-human-history-and-it-s-going-to-pop-how-to-prepare-your-portfolio-for-a-huge-crash/ar-AA1mgNf7?ocid=msedgntp&cvid=580470ea44f848349601423d0bd912ba&ei=22

See also  Option skew exceeded 170 six times in history, four times last week.

See also  China's economy faces its largest financial collapse, with bonds yielding under 2%, banks insolvent. Limited credit demand in China drives bond buying, not QE.