A Bear Market And A Recession

More important that a bear market it's a recession. I mean this is a bubble not just in the stock market but in the entire economy! So, the Federal Reserve has distorted more than just markets and the problem is this recession is going to be far more painful and far deeper than the one that we had  in 2008/09 because it's also going to be accompanied by rising consumer prices. I think as Americans lose their jobs they're gonna see the cost of living going up rather dramatically and so this is going to make it particularly painful.

What Happens Next In 47 Words

1. Bear market;

2. Recession;

3. Deficits explode;

4. Return of ZIRP and QE;

5. Dollar tanks;

6. Gold soars;

7. CPI spikes;

8. Long-term rates rise;

9. Federal Reserve is forced to hike rates during recession

10. A financial crisis without stimulus or bailouts!

The Recession Is Obviously Coming

Recent article on Seeking Alpha.com: "Peter Schiff: The Recession Is Obviously Coming"

All Bear Markets Start Off As Corrections

“All bear markets start off as corrections. I think this one is probably a bear market. It’s long overdue. This is a bigger bubble than the one that blew up in 2008, and the crisis that is going to ensue is going to be far larger.” - in RT.com

It's Not Trump's Trade Policies That Are Going To Cause The Crash

It's not Trump's trade policies that are going to cause the crash, the crash was happening anyway. In fact Donald Trump gave a speech today and he said that when he was elected President or before he was elected the economy was on a verge of a collapse and he was right. But now it's on the verge of an even bigger collapse because all Donald Trump did was blow more air into Obama's bubble or more accurately the Federal Reserve's bubble.

Video: Rising Rates Crash Stocks

Peter Schiff was recently on RT.com to explain the recent turmoil in the U.S. stock market.