He's been warning about it for a few years now, and always mentioned high rate as an historical trigger, and massive debt and inflation as the main issue. In the meantime, helicopter Ben gets a Nobel price...
%% Good read; same with his Jack Schwager's top trader interview [hedge fund] book.....................
%% Mostly true; except home, RE\ car\ trucks\ gasoline\ some food \ many stocks\ many ETFs\ SLV[silver ETF]\ GLD\ [copper down ;but havent checked a chart lately] all sure have gone down this year.............................. IF someone has paid cash for Real Estate, some times they just pull it off market rather than panic sell