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Tag: Perfect Storm

A Perfect Storm: Brace Yourself for an Epic Economic Meltdown

By James Rickards Over the coming months, I believe we could see an economic meltdown at least six times the size of the 2007 subprime mortgage meltdown. Circumstances lead me to believe it could play out like the meltdown I experienced in 1998 after Long-Term Capital Management (LTCM) failed. This time, however, there will be several crucial differences that will leave investors and[...]