Quote from KINGOFSHORTS:
Right now Treasuries are at a bubble state and the dollar is quite overvalued today. But we will end up getting slammed by Bond vigilantes soon and our 2 year Treasuries will end up with yields of 10+ %
This stuff does not happen gradually, it will be a slam,bam! surprised just like every other bubble. Every pundit will mention how this was not visible in hindsight and that anyone can see bubbles after they have popped.
We will be forced to print dollars attempt inflating ourselves out of debt which will bring about a Hyper inflationary equity bubble similar to what Zimbabwe experienced.
I see this bubble bursting in about 3-5 years from now and mega inflation hitting. 7 dollar a gallon gasoline, Dow 30,000 etc..
