Rich Man's Panic 2014 Edition
The original "Rich Man's Panic" took place way back in 1907, it was thusly called because it had an outsized impact on the ultra-wealthy and like all panics it came along very unexpectedly. Today's panic will be very similar. It will disproportionately hammer the ultra-rich since they've already financially dismembered everyone else. Meanwhile, as Paul Farrell indicates, it will strike quickly and totally unexpectedly. Today's ultra-wealthy are fat and happy buying Ferraris and mega-yachts and telling everyone that prosperity for the masses is just around the corner. Not that corner, the other corner. Just as I wrote way back in 2007, the power of greed, is overwhelmingly blinding. And today's ultra-wealthy are the greediest fuckers this side of 1907. They are fully blinded.