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1. Here is my Feb 17 prediction of what we are seeing. I'm not a stock-picker but I've been involved in shipping and learned that this is the canary in our coal mine. I think with an incompetent lying game-show host in power we are heading for a global depression. We'll see.
2. But there is a slight sign of hope. Here is the long-term chart and you can see the big drop after @MikeBloomberg and his ilks' mortgage crisis. As you can see we are testing the bottom again. It likely means industrial production is stalling. No demand due to #TrumpPandemic.
3. In the end the loss of demand will close factories, create massive layoffs and cause the depression. Add to that dead are laying in the streets because @mikeBloomberg screwed up and elected a Socialist that Trump can beat things are bleak. Here's a slight hope. Tiny up-tick.
4. But people in power must start to act for a greater good & not personal gain. Mike, you did a great thing getting into into the game to block a radical socialist who will lose to Donald Trump. But you have to suspend soon and you know it. Timing is everything Mike. @Mike2020
@Mike2020 5. Among the unreported stories is another bad economic sign: Commodities are falling. Only gold and platinum are up. They're plays for people thinking doomsday is near. But WTI crude is 46.34 bbl. All other industrial commodities are down. All farming that I see but Cocoa.
6. All we want now is a nice cup of hot chocolate. Make it all go away. 😎

But here's the thing, the Great Depression wasn't just the stock crash. It was finally triggered by collapsing commodities markets. Demand part of the economic game failed. Just like now if we don't act.
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