Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the ‘coming apart’ process started in 2016, in my opinion we are going to see many more steps in this direction in 2017. Let me explain a few of the things I see.
[1] Many economies have collapsed in the past. The world economy is very close to the turning point where collapse starts in earnest.
This post was published at Zero Hedge on Jan 11, 2017.
Follow on Twitter
Recent Comments