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Probably have to do two posts.


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Mr fff is a little melodramatic currently.


Sure the fiscal situation is dire and markets are horribly overvalued currently.


I think back to 2008. All through 2006, 2007, many were warning of the impending collapse. Going full out short in 2006 was not a good idea. Nor really was early 2007. Without the catalyst, markets have such a structural bullish bias that a crash is rare. They do happen and this one will likely have one, just not today.


Part 2


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