The NEW Big Short

CLOs are the New MBS That Will Collapse Global Markets (But Just Not Yet), Part 1 of 2

There is a new financial house of cards that will threaten to implode the global economy. Though this article is a bit premature (I'll discuss why in Part II of this article), it still deserves a lot of attention at the current time because if no regulatory measures in this market are taken, it will eventually implode the economy. This take is an unpopular one among most financial analysts that have analyzed this market. But all my takes are almost universally unpopular with analysts. However, lack of popularity or lack of imminent manifestation (and I’ll explain later in this article why my take is not likely to manifest for another couple years) does not make it wrong. Many of my opposition takes, like Wall Street bankers were manipulating gold and silver prices lower, have taken years to prove, with JP Morgan, Barclays, Deutsche Bank bankers finally admitting in court their role in manipulating gold prices lower literally more than a decade after I made such claims.