Poster Comment:

4 signals for every major crash for the past 300 years.

1) Fantasy pricing

2) Paper riches. Bubble prices for stocks.

3) Over confidence

4) Dangerous assumptions. Technology hubris. AI and crypto are modern examples.

We are not in a financial position is to bail out $5 trillion Wall Street failures. We are not the super power we used to be. DOGE was stopped prematurely and Congress spent money we do not have so things will be far worse.

An event always comes along that ignites the crash.

DR HORSE: YOU CAN MEASURE THE SEVERITY OF A COMING FINACIAL CRASH BY ESTIMATING THE NUMBER AND AMOUNT OF UNPAYABLE DEBTS THAT NEED TO BE CANCELLED. WE HAVE MORE UNPAYABLE DEBTS THAN ANYTIME IN THE PAST 500 YEARS SO WHAT IS COMING WILL BE FAR WORSE THAN 1933 AMERICA OR THE WEIMAR REPUBLIC.

This will be compounded by really bad weather and lots of crop losses. 2026 could be a year without a summer.