Transcript for Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost by Peak Prosperity Admin Transcript for the podcast: Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost Chris Martenson: Welcome to another PeakProsperity.com podcast. I am your host, of course, Chris Martenson, and today the very special guest we are talking with is an old friend and even a colleague of mine, Erik Townsend,… Transcript for Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost by Peak Prosperity Admin Transcript for the podcast: Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost Chris Martenson: Welcome to another PeakProsperity.com podcast. I am your host, of course, Chris Martenson, and today the very special guest we are talking with is an old friend and even a colleague of mine, Erik Townsend,…
Transcript for Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost by Peak Prosperity Admin Transcript for the podcast: Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost Chris Martenson: Welcome to another PeakProsperity.com podcast. I am your host, of course, Chris Martenson, and today the very special guest we are talking with is an old friend and even a colleague of mine, Erik Townsend,… Transcript for Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost by Peak Prosperity Admin Transcript for the podcast: Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost Chris Martenson: Welcome to another PeakProsperity.com podcast. I am your host, of course, Chris Martenson, and today the very special guest we are talking with is an old friend and even a colleague of mine, Erik Townsend,…
Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost by Adam Taggart American investor (and longtime CM.com member) Erik Townsend has spent the past several years living internationally, with an eye to which countries may be good alternatives if economic crisis and/or Peak Oil start to materially impact life in the US. His main observation as an expat? Through its misguided policies, the US has been exporting inflation to the rest of the world, raising prices all over the globe (as an example, Erik cites a $57 chicken pot pie from the menu at a ‘working class’ restaurant in Australia). This inflation is affecting the rest of the world harshly, but is not yet being felt in the US due to our ability to export it as the issuer of the world’s reserve currency. Our immunity will not last forever though, and when it ends, a massive upwards spike in prices is going to hit US markets. Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost by Adam Taggart American investor (and longtime CM.com member) Erik Townsend has spent the past several years living internationally, with an eye to which countries may be good alternatives if economic crisis and/or Peak Oil start to materially impact life in the US. His main observation as an expat? Through its misguided policies, the US has been exporting inflation to the rest of the world, raising prices all over the globe (as an example, Erik cites a $57 chicken pot pie from the menu at a ‘working class’ restaurant in Australia). This inflation is affecting the rest of the world harshly, but is not yet being felt in the US due to our ability to export it as the issuer of the world’s reserve currency. Our immunity will not last forever though, and when it ends, a massive upwards spike in prices is going to hit US markets.
American investor (and longtime CM.com member) Erik Townsend has spent the past several years living internationally, with an eye to which countries may be good alternatives if economic crisis and/or Peak Oil start to materially impact life in the US. 
by blaggers 
