Janet Yellen, Fed Chair today in an announcement declared the implosion of the U. S. Economy.

Source:  https://www.reuters.com/article/us-usa-fed-yellen-idUSKBN19I2I5

Now mainstream media never cite sources anymore.  I provided one.  When you check it, her exact words will read:

“Would I say there will never, ever be another financial crisis?” Yellen said at a question-and-answer event in London.

“You know probably that would be going too far but I do think we’re much safer and I hope that it will not be in our lifetimes and I don’t believe it will be,” she said.  (emphasis added)

I read the same words you do but I interpret them differently.  Like these words:

“Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.”
– Irving Fisher, leading U.S. economist , New York Times, Oct. 17, 1929

On October 24, 1929, the entire US economy collapsed.

I interpret Central Bankers and their economists announcing how good things are as a sign of the exact opposite.  I do so with history as a precedent.

Thanks for the warning Janet!

Batten down the hatches folks.