Tag Archives: This Could Be The Start Of The Greatest Global Economic Crisis

InvestmentWatchBlog – This Could Be The Start Of The Greatest Global Economic Crisis – 28 December 2013

InvestmentWatchThe bankruptcy of the United States is now certain

http://www.thedailycrux.com/Post/44009/the-bankruptcy-of-the-united-states-is-now-certain

1997 Asian Crisis Redux – Thailand Is Imploding

“There’s no near-term resolution in sight,” warns TCW Group’s David Loevinger, as “Thailand has entered an extended period of political instability.” This uncertainty has led to foreigners abandoning the nation’s stock market in record  size – and collapsing the Thai Baht at the same time. Why should US investors be worried? Thailand was the catalyst that started the 1997 Asian crisis, broke LTCM, and instigated the most epic experiments in central bank liquidity provision on record. With the Fed Tapering, both Indonesia and Thailand (and Turkey) are already seeing major currency collapses but of course, as long as US equities rise, no one cares (which is exactly what they said last time)…

Read the whole story at see charts and video at:  www.investmentwatchblog.com / link to original article