ALERT: CURRENCY CRISIS!
ALERT: CURRENCY CRISIS!
This is the worst currency crisis and inflationary environment of most people’s lifetimes, but this time in multiple areas at the same time. We could be facing a Peso crisis in Mexico, Peru, Chile, and Argentina all at once. Along with a Yen and an Asian currency crisis at the same time. Oh, and a Euro crisis in parallel. The recent strength in the U.S. Dollar is signaling this strongly. As if that’s not enough, Europe placed itself squarely in the crosshairs of the MOST ill-advised (and avoidable) energy crisis ever. China’s housing bubble is busy imploding too, and all
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The reason I think this may have relevance is that Jeff appears to have a good understanding of the plumbing of the financial system and it appears that the Fed's ...
