Zeev's Turnips Patch-No Politics (ZEEV)

[federal reserves]

It's had 3 touches on the upside...

DOWN WE GO!

Greenspan is gone. An unproven lackey intellect is in charge.

FULL moon to boot.

I think the next panic will not be about rates, oil, or any economic statistic. It will be about the rich folks panic. Once they realize they are the bagholders for all the debt public and private, and they will have to pay through higher taxes and massive defaults, they will panic and sell driving stocks and bonds lower.

It's just a matter of time.

The trap door is there, when does it spring?