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Brace for ‘tinderbox-timebomb’ market crash worse than 1929, hedge fund manager says

Por: MarketWatch Politics February 01, 2023

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“The world is just too levered today, the debt construct just too big, the forest tinderbox just too susceptible, for us to learn much from past wildfire contagions. The best takeaway is recognizing that it will be different this time and—if the logic of the Yellowstone Effect is any guide—far worse,” said Spitznagel. “The correction that once was natural and healthy has instead become a contagious inferno capable of destroying the... + full article



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