JP Morgan Analyst WARNS OF CRISIS! - Flash CRASHES On The Horizon
In this video, I talk with author and economic analyst John Sneisen @TheEconomicTruth about the recent warnings by JP Morgan's top quant (quantitative analyst) Marko Kolanovic who claims we will soon see flash crashes and a great liquidity crisis.
Kolanovic claims that this will likely take place after the first half of 2019, but one cannot really say.
Like in 2010 and in 2018, we will see flash crashes occur he says. The DOW will take a massive hit.
Kolanovic says we will see a crisis the likes of which we haven't seen in 50 years.
The thing is, we will likely see a crisis like we've never before seen in history. With the rate at which it has been propped up, it cannot sustain itself, we've seen countless crashes diverted with more centralization/manipulation, the very thing that created the problem in the first place.
The debt levels are enormous, the banking system is collapsing slowly but surely and the bubbles continue to grow throughout the markets based in investor confidence but not fundamental value.
All fiat currencies eventually revert to their true value of zero going back to 1024 AD in China, so there's no doubt that the central banking system will inevitably come crashing down.
In the end it comes down to individuals sustaining themselves and protecting their purchasing power. Being self sustainable and independent rather than dependent on centralized entities to run their lives.
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Prepare yourselves people, we got 2-3 years left before a huge collapse 😀
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October will be a defining month . If we get past it then we have about two more years before the legs go first . Then another year before the face hits the canvas . A ten to twenty year recovery, and those are generous numbers . If no war is initiated by the DEEP STATE that is , otherwise if they take us to war it won’t matter because we’ll all be incinerated . I have no doubt that this is their preferred choice since they can get rid of many of their crimes by murdering the victims .