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This is why the system is heading for another, far larger crisis than 2008.

China is just the latest Central Bank to lose control. Is the Fed next?

Bernanke and now Yellen have created an environment just like the Roaring Twenties. What came next wasn't pretty

Never in history has the US entered a recession when rates were this low. And it spells serious trouble for the financial system going forward.

This has infuriated the Fed and is forcing it to take more and more aggressive measures to trash cash.

The US Federal Reserve is obsessed with market reactions to its policies. Because of this, anytime the Fed plans to announce a major change in policy, it preps the markets via numerous leaks and hints… oftentimes for months in advance.

One weekend. The process was not gradual. It was sudden and it was total: once it began in earnest, the banks were closed and you couldn’t get your money out (more on this in a moment).

If you think this sounds like some kind of conspiracy theory, consider that France just banned any transaction over €1,000 Euros from using physical cash. Spain has already banned transactions over €2,500. Uruguay has banned transactions over $5,000. And on and on.

The US has now joined Canada, Cyprus, New Zealand, the UK, and Germany with plans to seize bank accounts during the next financial crisis. 

Stocks have taken out key support at a time when the Fed's hands are tied. 

Moves will be made to ban physical cash in the coming months.

The collapse is not over by any stretch...

A TECTONIC shift has begun in the markets, if they no longer respond to the Fed's efforts to boost them, then it is GAME. SET. MATCH. for the Fed and its policies.

Contrary to popular opinion, there are problems that are too big for the Central Banks to control.

In short, the next round of the great crisis is beginning.  It will take time to unfold, but we have reached Peak Central Bank Intervention. When Central Banks loosen policy and the markets fail to respond, you're in the End Game.