North Korea
In this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Hey, Did We Just Declare War On North Korea?
- Trump's UN speech stuns the world
- Unpacking The Latest Fedspeak
- Much more talk than action
- The Junkie Economy
- Dependent on hits of ever more debt until it dies
- The High Cost Of Lacking Resilience
- Harvy, Irma & Maria are teaching us a lesson in real-time
This week Chris and John tackle the latest Fed announcement. Yellen's talk of tightening/normalizing — to borrow from common parlance — is really a "nothingburger" until the world's other major central banks curtail their stimulus efforts.
The world economy is still receiving $125 billion in liquidity injections every month. This, of course, has destroyed the integrity of the markets and turned all investors into speculators — as whatever the central banks decide to do next is the only thing that will matter to prices.
As we have been warning for years, this will all end badly once the central banks have either destroyed their respective zombie economies or their fiat currencies (if not both).
Off The Cuff: The Economy Is A Junkie
PREVIEW by Adam TaggartIn this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Hey, Did We Just Declare War On North Korea?
- Trump's UN speech stuns the world
- Unpacking The Latest Fedspeak
- Much more talk than action
- The Junkie Economy
- Dependent on hits of ever more debt until it dies
- The High Cost Of Lacking Resilience
- Harvy, Irma & Maria are teaching us a lesson in real-time
This week Chris and John tackle the latest Fed announcement. Yellen's talk of tightening/normalizing — to borrow from common parlance — is really a "nothingburger" until the world's other major central banks curtail their stimulus efforts.
The world economy is still receiving $125 billion in liquidity injections every month. This, of course, has destroyed the integrity of the markets and turned all investors into speculators — as whatever the central banks decide to do next is the only thing that will matter to prices.
As we have been warning for years, this will all end badly once the central banks have either destroyed their respective zombie economies or their fiat currencies (if not both).
In this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Sovereign Sabre-Rattling
- Suddenly, the world became a lot less safe
- Market Misdirection
- The central planners are doing their utmost to paint a positive picture
- The Era Of Easy Money is Over
- Debt-funded stimulus no longer results in an increase of GDP
- How This All Will End
- Exploring the likely pins that will pop this "mother of all bubbles"
Chris and John look at the disconnect between world events and stock prices and urge folks not to misled: risk is high, and getting higher. There is *no* rational reason for the current price levels in financial markets — only gobs and gobs of liquidity being force-fed into the system by the world's central banks.
But the data is increasingly showing that the era of "easy money" we've lived under since the Great Recession has reached its inevitable terminus. Shoving more debt into the system is no longer boosting GDP. We are now simply blowing bigger asset bubbles that will monumentally destructive when they burst — as they must.
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.
Off The Cuff: The Era Of Easy Money Is Over
PREVIEW by Adam TaggartIn this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Sovereign Sabre-Rattling
- Suddenly, the world became a lot less safe
- Market Misdirection
- The central planners are doing their utmost to paint a positive picture
- The Era Of Easy Money is Over
- Debt-funded stimulus no longer results in an increase of GDP
- How This All Will End
- Exploring the likely pins that will pop this "mother of all bubbles"
Chris and John look at the disconnect between world events and stock prices and urge folks not to misled: risk is high, and getting higher. There is *no* rational reason for the current price levels in financial markets — only gobs and gobs of liquidity being force-fed into the system by the world's central banks.
But the data is increasingly showing that the era of "easy money" we've lived under since the Great Recession has reached its inevitable terminus. Shoving more debt into the system is no longer boosting GDP. We are now simply blowing bigger asset bubbles that will monumentally destructive when they burst — as they must.
Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.
Community
ImmuneMist
Learn more