Be prepared for more massive financial problems over th next couple of years.....

The central bank has spent the last 4 years on an orgy of money printing in what will prove to be a vain attempt to prop up the American economy. Massive intervention in markets through the injection of $2 trillion high powered monetary liquidity was designed to stimulate the economy. However, now after 4 years, the economy is no reliant upon this largesse and will probably not be able to survive the natural withdrawal of these funds. Additionally, this intervention has allowed the central government to spend wildly where 40% of what it spends is borrowed. As the late economist Herbert Stein said,

If something cannot go on forever, it will stop.

The nation has had a choice and it has choosen to keep going on profligate spending and borrowing. It will stop and if it is not voluntary it will be involuntary.