Global Crash Coming

Or so says the RBS. Reports Ambrose Evans-Pritchard: “The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.” Read the rest, though the article excuses, as is usual with the media, the central banks. “Paralyzed by inflation”? Translation: the Fed and its partners in crime have inflated so much (and causing the inflationary depression) that they fear global hyperinflation–Zimbabweworld–and therefore have to counterfeit less, and won’t have their usual bailout tools. Poor babies. Greenspan, Bernanke, the rest of … Continue reading Global Crash Coming