Great Liquidity Crisis; Great Social Unrest By James Reed

     Most of know that the next big economic crash is not too far off and that predictions are that it will resemble the Great Depression. There are plenty of crash sites on the internet proposing that and worse. But, what do more mainstream sources say, if we read between the lines?

“Predictions about the next market crash aren’t all flowers and rainbows. But JPMorgan Chase claims that not only will the public be subjected to a major financial crisis, but it will be compounded by the massive social unrest that will follow. J.P. Morgan’s top quant, Marko Kolanovic, predicts a “Great Liquidity Crisis” will hit the financial markets hard and be marked by flash crashes in stock prices and social unrest. According to CNBC, Kolanovic says that the timing of when this next crisis will occur is uncertain but markets appear to be safe through the first half of 2019. Kolanovic is a 43-year-old analyst with a Ph.D. in theoretical physics. He has risen in prominence for explaining, and occasionally predicting, how the new, algorithm-dominated stock market will behave. Kolanovic predicts the market will suffer from sudden and severe stock sell-offs sparked by lightning-fast machines. Unprecedented actions by central banks to shore up asset prices will all lead to social unrest not seen in the United States in half a century.”

     Reading between the lines, I would start, if you have not, putting away a supply of food and other goods to see you over the hard times to come. It would be folly to take on more debt; everything should be geared for security. Treat it like a great storm is about to hit your house, something strong enough to uproot trees. Because, one day it will.



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Sunday, 25 October 2020
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