You Are Here, the Next Fourth Turning, No More Room to Increase Leverage

At the Cafe Forum I used to post a lot of Jim Quinn’s stuff. Don’t recall why I stopped reading him.

Many smart, normally skeptical, people have thrown in the towel. Because the gathering storm has not struck as predicted, they begin to believe it will never strike. This same mindset existed in 1860, 1929, 1940, 1999, and 2007. It easy to be lulled to sleep by the propaganda media machines, lying politicians, and extreme monetary schemes portrayed as normal by the money men. Things are not getting better. We are not at the end of this crisis.

Long and very detailed article, but worth reading.