Global markets are wilting under this carnivore's breath.Leo Isaak explains why:
I'll start out by getting right to the point: I'm incredibly bearish right now....
I think Europe could very well destroy any hope of a recovery that we thought we might see. Not only that, I think it could push the world off of a precipice of debt that, if it were to occur, would create something resembling outright disaster. Austerity combined with savage debt service issues and crushing currency devaluation is impacting the entire world... Frankly, I'm nothing short of terrified.
I think Europe could very well destroy any hope of a recovery that we thought we might see. Not only that, I think it could push the world off of a precipice of debt that, if it were to occur, would create something resembling outright disaster. Austerity combined with savage debt service issues and crushing currency devaluation is impacting the entire world... Frankly, I'm nothing short of terrified.
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