A Train Wreck "Not Very Far Down The Road"

Message from moi:

If this is true, then I won't have the time to get set up out West.

  Maybe he's wrong.  Better pray that he is wrong.

Published on Zero Hedge (http://www.zerohedge.com)

Home > "The Train Wreck Is Coming," David Stockman Warns, "All Hell Will Break Loose"

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"The Train Wreck Is Coming," David Stockman Warns, "All Hell Will Break Loose"

By Tyler Durden

Created 08/10/2014 - 17:36

"Train wreck is a pretty good term to describe what is coming.  But this train wreck isn't simply going to hit a wall out of the blue. Actually, it has been forming and accumulating and expanding for many years now, and yet it has simply been ignored, particularly by the financial markets which have ridden this bubble to these extreme and historic heights. The only issue is, when does it hit the wall?  The answer to that question is it's not very far down the road, and I can promise you that is when all hell is going to break loose."

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Source URL: http://www.zerohedge.com/news/2014-08-10/train-wreck-coming-david-stockman-warns-all-hell-will-break-loose