RE: The collapse of Carillion smacks of Lehman Brothers, Bear Sterns and the 2008 Financial Crisis all rolled into one. This is just the beginning..!!
@StephenKendal... Excellent Post AND excellent observations, in my humble opinion.
The world is more inter-connected than ever before...
Real Estate and practically every thing else is in a "Bubble" except Bitcoin.
The Real Harbinger to come will be the deterioration & collapse of the Bond Markets, Globally.
The USA Bond Market may be the Biggest Bubble on the entire planet and IF the USA Bond Market is about to begin its collapse, then we will see interest rates go from about 1% to much higher rates which will cause a domino effect...
First will we see money leave Bonds and go into Stocks... the size of our Bond Market is 10 times the size of our stock markets.
BUT the REAL safety net in my humble opinion is not just Gold & Silver but Bitcoin, which may turn out to be the BEST "store of value" on the planet.
Bitcoin, wherever the price may go down to... will eventually over the coming weeks, pick itself up and go back to much higher levels over the coming weeks/months.
Hope You didn't mind, my giving my opinon as a semi-retired Investment Banker with almost 40 years of experience.
Thank You Again Stephen for sharing !! ...ReSteemed !!
Cheers !!
I read every single word of your reply and agree 100% with what you say. This is a great contribution to the Blog and I appreciate you replying. I hope everyone reads it. Thanks for sharing your thoughts with us. This is the sort of interaction/comment #Steemit was made for. Thanks again. Stephen
Thank You Stephen...
Precious metals are not but they are still effectively manipulated.