EXTRAORDINARY COMEdown: Hedge Fund Billionaire Rode the Worst Trade of His Life All the Way Down

Hedge Fund Billionaire Rode the Worst Trade of His Life All the Way Down - Bloomberg

Peter Schiff holds forth: what comes next in 47 words

Likely sequence of events:

1. Bear market;

2. Recession;

3. Deficits explode;

4. Return of ZIRP and QE;

5. Dollar tanks;

6. Gold soars;

7. CPI spikes;

8. Long-term rates rise;

9. Fed. forced to hike rates during recession

10. A financial crisis without stimulus or bailouts!