One big point in all this is that we simply do not have the diagnostic measures to advise us when the economy, markets and banks are headed for big troubles. This case is somewhat different in that the mathematics of financial valuations is just lurking out there, ready to pounce asset values downwards. It also makes sense from a physical economic view to see values decline, as we exponentially use the planet's resources, while printing buckets of money. No matter what markets, economics and governments cannot win the fight against physics and mathematics - it is hence only a matter of time.
Dr. Peter G Kinesa
August 2, 2013