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It’s 2007.2, and Our Next “Lehman Moment’ Is Coming Fast

It seems that my Thursday edition of Wall Street Insights & Indictments was warmly received by the bullish crowd, many of whom reached out to me to thank me for my optimism. I’m sorry to burst your bubbles, but I am not a raging bull (but thank you for asking). Follow the money. Find the profits!Liquidity is money.…

What Gives

     The awesome exertions of the global banking system to evade the mandates of reality finally yield in a sickening slippage to epochal unwind. What a bad idea: to try to juke nature itself. In case you weren’t paying attention over the weekend – and who really wants to? – the cosmic Brinks truck of free money went over a cliff, and the darn thing will keep free-falling until (at least) the American markets…