What a House of Cards Looks Like

When you are on the outside it looks like any other house. Walls, Roof etc. Yet if ONE thing collapses the whole thing comes down.

This is what the economy globally looks like. If you are looking from the inside out, it's very shaky.

This opinion maker says that any SINGLE event from his list of 20, just ONE will cause the coming collapse. A new depression.

Historians and behavioral economists tell us most investors are blind optimists. Investors cannot see bubbles from inside their bubble. Nor Fat Cat Bankers from inside their mega-bonus-bubble. Nor politicians from inside the beltway bubble.

Why? The optimist's brain filters out bad news. They know their dreams of prosperity will come true. Then, when they finally do see that the proverbial light at the end of the tunnel is an oncoming train, it's always too late.

I will say it again, gently: A new meltdown is coming. The Great Depression II is coming, soon. And yet, I know your mental filters are working, blocking warnings of a bomb. I can even hear you calling me "the fool on the hill who sees the sun going down, the world spinning round" ... sees you kissing your retirement goodbye

I know this has been spoken of for some time, but it's real. There is nothing you can do about it. It's over.