http://www.businessi...collapse-2013-7
Does he not realize that the Plunge Protection Team has prevented this exact scenario, time and again, for the past decade or more ????
Seriously, the FED, in collusion with the government, and their 5 BIG primary ("pet") banks, that comprise more than 80% of all US banking "assets," intervene on a regular and repeated basis, and every single time it appears that the markets are about to head south in a big way.
