‘Aftershock’ Author Wiedemer: Markets Poised for Meltdown Like 2008

The economic turmoil coursing through the world has financial markets set for a 2008-style collapse, says Robert Wiedemer, financial commentator and best-selling author of “Aftershock.”

“I do think we’ll have another meltdown,” he tells Yahoo. “I think the trigger will be higher inflation. The lack of printed money short-term is going to turn the stock market down within a year.”

At that point the Federal Reserve will go on another money-printing binge, Wiedemer says. “And that’s going to run out like the sugar high we had before. That’s going to kick off a downward spiral in the stock market,” he predicts.

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via ‘Aftershock’ Author Wiedemer: Markets Poised for Meltdown Like 2008.

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