The Continental Economics Institute Currency Review
Thursday, August 4, 2011
Plunge, splash, and crash
The market is significantly down today – not to our surprise. The plunge has been in the cards for many months. The debt theater dispute with its ridiculous “solution” provided the final push for the plunge that happened today. How will it go on? Well, I guess that after the plunge it will splash and after the splash we’ll have the crash. I'd be surprised if it came otherwise.