WSJ: Is a Crash Coming? Ten Reasons to Be Cautious
Comment: The problem is that there is no safe place. OK, let's get out of the stock market: yet then I'm stuck with currencies and exposed to inflation and I'll lose my shirt because my bonds also evaporate. And when deflation comes, my bonds most likely won't be redeemed and one business after the next will go bankrupt. Because there is no way to hide, we're all caught. Modern Leviathan won't collapse without taking all of us down with him.
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