- The Greek technical default on the debt it owes the European Union.
- The crashing of the Chinese stock market.
In this show I review the criteria I've laid down, in the form of the economic benchmarks, for declaring that The Collapse has arrived. These include metrics for the US stock markets, unemployment, and gross domestic product.
We then look at the two situations, the Greek default and the China stock market crash, with an eye toward assessing the severity of their impact on the rest of the world.
Will either event "trigger" The Collapse we're expecting? Listen and find out!
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