“Japan is so illiquid, and they have gone to basically the hyperinflation route that it is only a question of time and could start there. It could start anywhere.”
“There is a bunch a kindling all over the bond markets, all over the debt markets all over the world, and one match could light it off.”
“I really don’t know where it is going to start, but I do know history teaches us that once the confidence is lost, you can’t get it. That’s what this game is all about.”
- Source, David Morgan via ETF Daily