DAS KAPITAL: Looks like a good old-fashioned panic, as ‘rush for the exits accelerates’ – By Michael Snyder

RIELPOLITIK

Source – theeconomiccollapseblog.com

We Are Witnessing A Race For The Exits Unlike Anything That We Have Seen Since The Great Financial Crash Of 2008, And Many Of Those That Choose To Hesitate Are Going To End Up Getting Totally Wiped Out:

Just within the past few days, three major high yield funds have completely imploded, and panic is spreading rapidly on Wall Street.  Funds run by Third Avenue Management and Stone Lion Capital Partners have suspended payments to investors, and a fund run by Lucidus Capital Partners has liquidated its entire portfolio.  We are witnessing a race for the exits unlike anything that we have seen since the great financial crash of 2008, and many of those that choose to hesitate are going to end up getting totally wiped out.  In case you are wondering, this is what a financial crisis looks like.  In 2008, other global stock markets…

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