ZeroHedge Search

The big difference between now and 2008? Central Banks have already spent $14 trillion propping the system up. And they’ve created the single biggest financial bubble in history.

So the world has woken up and realized what we’ve been pointing out for four years now… that Europe wasn’t fixed in 2012.

More and more this mess is beginning to feel like late 2007/ early 2008

The big picture is that the financial world has allocated capital… trillions of dollars of capital, based on Central Banks trying to corner the bond market.

The market has exploded higher based on verbal intervention. We've seen how this ended before...

The two largest economies in the world are contracting. One is entering a currency Crisis (China). The other’s currency is part of a $9 trillion carry trade (the US Dollar).

BREXIT was this crisis' "Bear Stearns" moment. You don't want to wait until the "Lehman moment" hits to prepare.

More and more, the markets feel like they did in late 2007/ early 2008: when stocks held up based on hype and hope that Central Banks could put off another Crash.

A $500 TRILLION ticking time bomb is about to go...

This is not up for debate.

If you spent $3.5 trillion and the best you can garner is a recovery that is weaker than the 2001 recession… maybe you’re not cut out for the job of “fixing” the economy.

Central Banks are now sporting Lehman leverage levels.

Remember late 2007/ early 2008? Well, we are right back to that environment.

During its last bull market, Gold's MAJOR returns were produced during its SECOND leg up?

More and more this environment feels like late 2007/ early 2008