Thursday, February 18, 2016

You Are Here

Tyler Durden's picture

http://www.zerohedge.com/news/2016-02-18/you-are-here
It's definitely different this time...
The 2008 analog lines the current trajectory up with August 2008 right after Treasury Secretary Paulson told the world reassuringly that:
"Our economy has got very strong long-term fundamentals. And you know, your policy-makers and regulators here - we're very vigilant."
And we all know what happened next...

h/t @ChrisBrady12
Could never happen again?
Yeah you're probably right...


Charts: Bloomberg

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