I’ll say this, if you go back in history and look at collapses in credit, it is about 10 years that major “other events” (like war, or revolution) breaks out…
Marc Faber 26 August (9 minutes):
Weekend Reading: Errant Thinking
7 minutes ago
World View & Market Commentary.
Forest first; Trees second.
Focused on Real & Knowable facts that filter through the "experts" fluff and media hyperbole. Where we've been, what the future may hold and developing a better way forward.