In this week's Off the Cuff podcast, Chris and Adam discuss:
- Currency Chaos
- Weaker currency markets are suddenly imploding
- From the Outside in
- Economic distress is moving closer to the core
- Is a Financial Collapse Nigh?
- Does Chris still expect declines of 40% or more?
- The Syria Curve Ball
- How would an open conflict change the game?
The slow, comfortable pace of the summer has quickly become a distant memory.
As Chris describes in his recent report, as expected, we are seeing signs of distress erupt across the periphery of the global economy. As we've often counseled on this site, it's the weaker players that will falter first, giving us a valuable advance warning before trouble progresses further in towards the core.
And there's much happening now that's worth watching closely. The risks of an accelerating cascade in towards the core are increasing by the week now.
Countries like India are providing textbook case studies in how swiftly faux prosperity can evaporate when investors suddenly realize it's not for real. We're seeing crippling currency moves happening with incredible violence (a 24% devaluation in just 2 months!).
Even the large markets of the most 'stable' countries are showing signs of topping. The U.S. equity and bond markets have taken a beating recently, and given the growing parade of ugly economic data (see housing starts) and the already-awful macro fundamentals, lower prices ahead seem probable.
by nate 
