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RE: Doug Casey On The Coming Financial Crisis: "It's A Gigantic Accident Waiting To Happen"
Great article although I take exception to the comparison to the dot.com bubble. That seems to be thrown around a lot yet this stock market is much different than that. You can make the case it is a bit overheated but it is nothing like the craziness of 1999-2001.
This tells me that cryptocurrencies are going to be a haven for people. Since it appears many asset classes were inflated with liquidity, there are not too many areas which will not suffer a setback.
I am glad that I took a great deal of my money out of the banking system. They no longer are getting 9 times lending powering on my cash. If only 10 million more people would do the same thing.