In this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Deconstructing The Election Results
- Why the upset happened
- Insurmountable Odds?
- Trump inherits a country in tremendous debt
- The Sell-off In Bonds
- Is the world's biggest bubble bursting?
- The Age Of The Iconoclast
- Brexit + Trump is just the start of this age of upsets
So much to talk about this week…. Chris and John deconstruct Trump's upset win as well as the tremendous challenges he faces, inheriting a grossly overleveraged economy that is grossly overdue for a market correction:
The people who think that just because they elected a guy who was willing to throw some rhetorical hand grenades into the middle of the political process, that that guy's actually going to be able to get that stuff done — that's a big leap. Talking about it is so much easier than actually doing it in terms of legislation and public policy. This is a really long road that we're embarking on now.
And it's happening at the same time that we've got this gigantic looming financial crisis due to the mismanagement of the people who came before. The 2008-2009 crisis happened in large part, because we take on too much debt. But in the ensuing seven or eight years, we took on a huge amount of new debt. We've probably increased global debt by $100 trillion since that time. So things are much, much worse financially than they were back when the system almost ground to a halt, or
by adam-taggart-2 
