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Why Stocks May Collapse 25% In Just 3 Days- Fleckenstein
King World News July 30, 2013 Today Bill Fleckenstein stunned King World News when he warned that the stock market may be setting up to collapse 25% in a 3-day period when turmoil erupts. Below is what Fleckenstein, who is President of Fleckenstein Capital, had to say in this extraordinary and exclusive interview. Eric King: “Bill, you wrote about the Fed’s expansion of its balance sheet and the fact that they (now) own 20% of the outstanding U.S. debt.
Class, Race, Hierarchy, & Social Relations in 'The Long Emergency' - Reality Does Not Have An Ideology
James H. Kunstler * Peak Prosperity After the second novel in my World Made By Hand series (The Witch of Hebron) came out in 2010, I was beset by indignant reviews and angry letters from female readers over my depiction of gender and class relations further along in the 21st century. The fictional future economy I described was, in its broad outlines, similar to the future sketched by Chris Martenson and his stable of writers — a re-set to a far more local, much less complex, and downscaled economy, with a lot of formerly modern comforts and conveniences missing from the picture. In my fictional world of Union Grove in far upstate New York, the electricity was no longer running, the Internet was dead, giant corporations and government had withered away, motoring was history, paper money worthless, and a lot of common institutions (courts, schools, supermarkets) no longer functioned.
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