Last week, Paolo Savona, an Italian man no one outside the country had ever heard of, was denied the position of finance minister.
Italy's President denied his appointment because Savona is anti-euro. The President believes Italy should remain part of the euro.
I wrote a Notes about the entire situation last week.
But the point I discuss in today's podcast is that this situation should not have been a major deal… but it wreaked havoc across global markets. Even some of the world's safest assets sold off.
So if this turmoil in Italy can cause such chaos, what will happen when there's a MAJOR crisis?
How should you prepare?
The event that will end this 10-year bull market will catch almost everybody by surprise. That's the nature of the beast.