We’re not meant to have economic crises in August

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August is meant to be the quiet month of the year:  the silly season when no news happens.

I don't think it's going to be that way this year.

The US dollar  looks like it will default.

The Euro  will begin to collapse.

We're heading  for one of the biggest all-time crises in economics in one supposedly quiet month.

It's not a pretty prospect.

I'm worried.