Friday, May 7, 2010

I told you so - Part 8692

So the financial markets got a hiccup. Big whoop. Dow Jones down 700 points you say? That is nothing; financial markets should be crashing. Completely. And they will.

And on a Friday? What are the odds... :)

Remember how I said a year ago that after the first Q of 2010 we would see the first waves? Well, actually I said it as far back as 2000, but who’s checking...

Just as the latest minor US housing crash which gave us a severe recession, this is just a ripple on the sea. A small breeze. The worst is yet to come.

Journalists, useless as ever, are scratching their heads. And of course useless bureaucrats will ‘investigate’ the incident. Haha… you cannot make this stuff up.

I’m not even going to try to explain this shit anymore. If you buy the official (confusing) story, go ahead. Me, I am fleeing to a deserted island to grow my own crops, or maybe I’ll move up in the mountains somewhere.

Just remember, when it all comes crashing down, when that despair hits, when they are throwing more stimulus around and life as we know it disappear, then do remember that; I told you so.