What Will Trigger the Great Meltdown of 2006?

OK, so the collapse is coming, that’s a given in his scenario. But still, two crucial uncertainties remain: When will it start? And what will trigger it?

My prediction: There’s an 86% probability that America will collapse into a major economic recession and a sustained bear market in 2006, far worse than the dark days of 2000-2002 with its $8 trillion loss of market cap. And as the FEMA/Katrina disaster proved, Congress, the White House and Homeland Security are in denial, lost in their self-serving narcissistic egotistic happy-talk, incapable of seeing, let alone anticipating, the perfect storm on the horizon.

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