Quote Originally Posted by jk View Post
it's interesting to me that snider doesn't even speculate about what's causing the phenomena he describes. it's "the landmine." something happened to trigger the 4 contactionary waves in the euro$ market. maybe the cause doesn't matter. whatever triggers the avalanche or the earthquake isn't as important as the damage reports.
Agreed. Just a little, Snider does suggest that it could be Deutsche Bank, but he doesn't get bogged down in those details.