Experts like Soros and Volcker have proven themselves full of gobshittery before, not to mention being part of the establishment which got us into the current economic mess. So it is just for what it may be worth that I cite their most recent rendition of, "Holy Libido, Romulus. This really is the Decline and Fall."
Their gloom probably accounts for some part of today's panicky pre-market business reporting which includes:
"S&P futures fell below 1,060, the level hit at the bottom of the still-unexplained market "flash crash" on May 6."
What? Me worry? I bought an extra five tins of chicken breasts at the Fareway yesterday, and there's still 20 pounds of rice stashed away in a cool, dry place.