In this week's Off The Cuff podcast, Chris discusses:
- It's A Mad, Mad, Neo-Con World
- US foreign policy is becoming increasingly reckless
- The Beginning Of The End For The Petrodollar?
- China is challenging the dominance of the dollar
- Gold: The Oppressed
- Perhaps the most suppressed asset in modern history?
- Upcoming PP events
- Come join us in New Orleans and/or Munich
Chris flies solo again this week to make sense of the many geo-political risks popping up as the long-time axis of global stability becomes more and more wobbily and destabilized. There is much in US policy that appears increasingly reckless, pitting America increasingly against the world's other major powers:
Long story short: the West and western interest shave had a complete stranglehold over the financial world for a long time, and it’s been used rather clubbishly. If we don’t like what you're doing, we’re just gonna cut you off. We did that to Russia recently, we did that to Iran — we do it to whomever displeases us.
That’s great except, of course, the lesson that those countries draw from that is: I guess I should reduce my exposure to this risk if given then chance.
And this is where we discover that when you’ve been able to run the overall financial system, that’s an extraordinary, exorbitant privilege.
by cmartenson 
