bonds
by
Chris Martenson
Executive Summary
- How overvalued is the system?
- The biggest errors that got us to this point
- What to expect during the big reset
- Taking necessary action
If you have not yet read Part 1: The Mother Of All Financial Bubbles, It's Time To Worryavailable free to all readers, please click here to read it first.
What will the coming reset look like when it finally arrives?
This is the operative question everybody should be asking themselves because, believe me, the bankers and politicians are already frantically at work on the only question they care about: Who, instead of us, is going to eat the losses?
Let me be clear. The coming reset is going to be very, very painful. Part of me just wants to rip the proverbial Band-Aid off and get on with it, yet part of me dreads what’s coming and is in no hurry to see it arrive. Talk about being ambivalent!
The big picture looks like this: Ray Dialo’s firm Bridgewater Associates, a mega-money management firm, put together the below chart of the IOUs of the US (most other countries look the same, so feel free to extrapolate for Japan, or most of the EU, or the UK).
There are, simply, too many promises that cannot be kept. At a recent ICV wealth conference (just this week) one of the speakers was a man named Bradley Belt, former executive director of the Pension Benefit Guaranty Corporation (PBGC).
I asked him if there were any possible solutions to the staggering risks posed by the data in this chart. And who, if anyone, is working on them?
He answered that…
How Bad Will It Get?
PREVIEW by Chris MartensonExecutive Summary
- How overvalued is the system?
- The biggest errors that got us to this point
- What to expect during the big reset
- Taking necessary action
If you have not yet read Part 1: The Mother Of All Financial Bubbles, It's Time To Worryavailable free to all readers, please click here to read it first.
What will the coming reset look like when it finally arrives?
This is the operative question everybody should be asking themselves because, believe me, the bankers and politicians are already frantically at work on the only question they care about: Who, instead of us, is going to eat the losses?
Let me be clear. The coming reset is going to be very, very painful. Part of me just wants to rip the proverbial Band-Aid off and get on with it, yet part of me dreads what’s coming and is in no hurry to see it arrive. Talk about being ambivalent!
The big picture looks like this: Ray Dialo’s firm Bridgewater Associates, a mega-money management firm, put together the below chart of the IOUs of the US (most other countries look the same, so feel free to extrapolate for Japan, or most of the EU, or the UK).
There are, simply, too many promises that cannot be kept. At a recent ICV wealth conference (just this week) one of the speakers was a man named Bradley Belt, former executive director of the Pension Benefit Guaranty Corporation (PBGC).
I asked him if there were any possible solutions to the staggering risks posed by the data in this chart. And who, if anyone, is working on them?
He answered that…
by
Chris Martenson
Danielle DiMartino Booth, former analyst at the Federal Reserve Bank of Dallas, has just released the book Fed Up: An Insider's Take On Why The Federal Reserve Is Bad For America.
In it, Danielle describes how the Federal Reserve is controlled by 1,000 PhD economists and run by an unelected West Coast radical with no direct business experience. The Fed continues to enable Congress to grow our nation’s ballooning debt and avoid making hard choices, despite the high psychological and monetary costs. And our addiction to the "heroin" of low interest rates is pushing our economy towards yet another collapse.
This reckless monetary policy pursued by the Fed has resulted in the rich elite becoming markedly richer, while savers and retirees are being absolutely gutted. All while risking a coming conflagration in the bond markets that will destroy a painful percentage of the world's financial wealth:
Danielle DiMartino Booth: An Insider Exposes The Evils Of The Fed
by Chris MartensonDanielle DiMartino Booth, former analyst at the Federal Reserve Bank of Dallas, has just released the book Fed Up: An Insider's Take On Why The Federal Reserve Is Bad For America.
In it, Danielle describes how the Federal Reserve is controlled by 1,000 PhD economists and run by an unelected West Coast radical with no direct business experience. The Fed continues to enable Congress to grow our nation’s ballooning debt and avoid making hard choices, despite the high psychological and monetary costs. And our addiction to the "heroin" of low interest rates is pushing our economy towards yet another collapse.
This reckless monetary policy pursued by the Fed has resulted in the rich elite becoming markedly richer, while savers and retirees are being absolutely gutted. All while risking a coming conflagration in the bond markets that will destroy a painful percentage of the world's financial wealth:
by
Chris Martenson
In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:
- Cultural Capital
- How will those around you react during a crisis?
- The Fragility Within Our Centralized System
- Lots of dependencies that can fail & bring the entire system to a halt
- Musical Chairs
- Who will have to eat the bad debts when the can can no longer be kicked?
- The Importance Of Global Capital Flows
- They're determining the price of everything
As 2017 kicks off, Chris sits down with Charles to discuss some of the big themes likely to drive events in this new year. The two focus on the growing instability of our centralized systems — economic, energy and otherwise — and pay particular attention to the impact that the huge pool of money sloshing around the world is having on prices everywhere. Right now, that flood of capital — out of bonds and into stocks, the dollar, etc — is the primary driver of prices. Of course, this should make us ask: what will happen when those flows change direction? Or instead of continuing to grow, start receding?
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 Global Flow Of Money
PREVIEW by Chris MartensonIn this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:
- Cultural Capital
- How will those around you react during a crisis?
- The Fragility Within Our Centralized System
- Lots of dependencies that can fail & bring the entire system to a halt
- Musical Chairs
- Who will have to eat the bad debts when the can can no longer be kicked?
- The Importance Of Global Capital Flows
- They're determining the price of everything
As 2017 kicks off, Chris sits down with Charles to discuss some of the big themes likely to drive events in this new year. The two focus on the growing instability of our centralized systems — economic, energy and otherwise — and pay particular attention to the impact that the huge pool of money sloshing around the world is having on prices everywhere. Right now, that flood of capital — out of bonds and into stocks, the dollar, etc — is the primary driver of prices. Of course, this should make us ask: what will happen when those flows change direction? Or instead of continuing to grow, start receding?
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.
by
David Collum
Every year, friend-of-the-site David Collum writes a detailed "Year in Review" synopsis full of keen perspective and plenty of wit. This year's is no exception. As with past years, he has graciously selected PeakProsperity.com as the site where it will be published in full. It's quite longer than our usual posts, but worth the time to read in full.
2016 Year In Review
by David CollumEvery year, friend-of-the-site David Collum writes a detailed "Year in Review" synopsis full of keen perspective and plenty of wit. This year's is no exception. As with past years, he has graciously selected PeakProsperity.com as the site where it will be published in full. It's quite longer than our usual posts, but worth the time to read in full.
by
Adam Taggart
by
Chris Martenson
In this week's podcast, Michael Pento, fund manager and author of The Coming Bond Bubble Collapse, explains how the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of this bubble will cause a massive interest rate shock that will send the US consumer economy and the US government—pumped up by massive Treasury debt—into bankruptcy, an event that will send shockwaves throughout the global economy:
Michael Pento: The Coming Bond Bubble Collapse
by Chris MartensonIn this week's podcast, Michael Pento, fund manager and author of The Coming Bond Bubble Collapse, explains how the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of this bubble will cause a massive interest rate shock that will send the US consumer economy and the US government—pumped up by massive Treasury debt—into bankruptcy, an event that will send shockwaves throughout the global economy:
Total 133 items
Community
by hgrootveldgmail-com 
GoldCore
Learn more