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My tsunami model says that a perhaps unnoticed event often only years later can cause a financial crisis across several countries or even continents, much like a tsunami is triggered by an oceanic earthquake. And how does it continue? Read more

Although media and politicians are very busy telling us something else, the financial crisis did not break in surprisingly. She also did not start with the real estate bubble in the US, as everywhere. Their origin is much, much farther back, their destructive power is much greater than imaginable and so far assumed. No one speaks about it. I do it. Read more