Jim Willie: 2018 Forecasts for Systemic BreakdownThe following…

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Jim Willie: 2018 Forecasts for Systemic Breakdown

The following Jackass forecasts listed within the article for this new year are fully consistent with the Hat Trick Letter analysis over the last few years. All are on the verge of occurrence. If even one quarter of these calls comes into reality, the world will become a better place. In the current year upon us, the following events will begin to take form in some path with recognized progress. The result will be truly frightening, as all known tenets are either swept aside or profoundly questioned. Many of the listed events have begun to take form with some initial progress. The magnificent event that occurred ten years ago has been called the Global Financial Crisis, centered and triggered by the Lehman Brothers failure as a firm. It was actually a suffocation event with killjob, whereby both Goldman Sachs and JPMorgan bought several $billion in Lehman mortgage bonds and never paid for them, thereby killing Lehman from a very severe sudden liquidity drain. What happened in 2007 (initial bust symptoms) and 2008 (final crisis unfolding) was horrible and quite devastating. What comes in 2018 in the systemic breakdown and global crisis will be triple in magnitude of damage and triple in breadth with range of extended wreckage. This year will see sovereign bonds enter failure, in an unprecedented manner. Watch the USGovt debt and a possible restructure event (technical default). This year will see entire national banking systems enter failure, in an unprecedented manner. Watch Italy for the bank runs and collapse. The crisis will lead to a global sense of foreboding, disorder, and growing panic.

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Source: News To Me

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