Economy
Every once in a while, an Off the Cuff interview is so important that we decide to make it available to the entire public. This is one of those occasions.
In this week's Off the Cuff podcast, Chris and Alasdair Macleod build on the insights laid out in Chris' recent mega-report last week on gold: The Screaming Fundamentals for Owning Gold. And specifically, they delve deeply into the poorly-understood topic of why Chinese demand has become such a game changer in recent years.
China’s Demand for Gold Has Trapped The West’s Central Banks
PREVIEW by Chris MartensonEvery once in a while, an Off the Cuff interview is so important that we decide to make it available to the entire public. This is one of those occasions.
In this week's Off the Cuff podcast, Chris and Alasdair Macleod build on the insights laid out in Chris' recent mega-report last week on gold: The Screaming Fundamentals for Owning Gold. And specifically, they delve deeply into the poorly-understood topic of why Chinese demand has become such a game changer in recent years.
Everybody, soon or late, sits down to a banquet of consequences.
~ Robert Louis Stevenson
"Growth is the problem; not the solution" says Ugo Bardi, Professor of Physical Chemistry at Italy's University of Florence and author of the recent book Extracted: How the Quest for Mineral Wealth is Plundering the Planet.
In this week's podcast, Professor Bardi and Chris discuss resource depletion and its growing impact on geopolitical events and the world economy.
Ugo Bardi: The Banquet of Consequences
by Chris MartensonEverybody, soon or late, sits down to a banquet of consequences.
~ Robert Louis Stevenson
"Growth is the problem; not the solution" says Ugo Bardi, Professor of Physical Chemistry at Italy's University of Florence and author of the recent book Extracted: How the Quest for Mineral Wealth is Plundering the Planet.
In this week's podcast, Professor Bardi and Chris discuss resource depletion and its growing impact on geopolitical events and the world economy.
Executive Summary
- The Deep State, and its dawning realization that Wall Street is a foe vs an ally
- Why Wall Street's threat to the dollar hegemony is of such concern
- History gives us many examples to predict a 'war of elites' (e.g. Wall Street vs the Deep State) is highly likely
- Who will lose? And what implications will it have for the rest of us?
If you have not yet read Have We Reached Peak Wall Street?, available free to all readers, please click here to read it first.
In Part 1, I sketched out why the financial sector—the Fed, Wall Street and “too big to fail” banks—pose a strategic threat to the nation, as their policies threaten one key foundation of American pre-eminence, the U.S. dollar. Should money and credit creation cause the dollar to lose its reserve status, the nation would lose the fundamental advantages that go with being able to print a reserve currency.
I then suggested that the Deep State might eventually wake up to the strategic threat posed by a self-serving financial sector, and this would lead to a showdown between the financial Elites and the Deep State.
The Systems-Level view: the S-Curve works on Wall Street, too
Long-time readers know that I often refer to systems-level dynamics, one of which is the S-Curve, which traces the rise, maturation and decline/crash of systems both natural and human-designed. An astonishing array of systems has been found to follow an s-curve, from the spread of infectious diseases to financial bubbles.
Why would Wall Street be uniquely immune to these systemic forces? I submit that Wall Street’s power has topped out and is about to decline precipitously, just like any other system which has over-reached by sucking its habitat dry.
I think we can chart Wall Street’s S-Curve thusly…
The Implications of a ‘War of Elites’
PREVIEW by charleshughsmithExecutive Summary
- The Deep State, and its dawning realization that Wall Street is a foe vs an ally
- Why Wall Street's threat to the dollar hegemony is of such concern
- History gives us many examples to predict a 'war of elites' (e.g. Wall Street vs the Deep State) is highly likely
- Who will lose? And what implications will it have for the rest of us?
If you have not yet read Have We Reached Peak Wall Street?, available free to all readers, please click here to read it first.
In Part 1, I sketched out why the financial sector—the Fed, Wall Street and “too big to fail” banks—pose a strategic threat to the nation, as their policies threaten one key foundation of American pre-eminence, the U.S. dollar. Should money and credit creation cause the dollar to lose its reserve status, the nation would lose the fundamental advantages that go with being able to print a reserve currency.
I then suggested that the Deep State might eventually wake up to the strategic threat posed by a self-serving financial sector, and this would lead to a showdown between the financial Elites and the Deep State.
The Systems-Level view: the S-Curve works on Wall Street, too
Long-time readers know that I often refer to systems-level dynamics, one of which is the S-Curve, which traces the rise, maturation and decline/crash of systems both natural and human-designed. An astonishing array of systems has been found to follow an s-curve, from the spread of infectious diseases to financial bubbles.
Why would Wall Street be uniquely immune to these systemic forces? I submit that Wall Street’s power has topped out and is about to decline precipitously, just like any other system which has over-reached by sucking its habitat dry.
I think we can chart Wall Street’s S-Curve thusly…
The Federal Reserve and other central planners have worked overtime to lead the world back to "recovery" from the depths of the 2008 financial crisis. Using one of their main signaling indicators, they've succeeded: stock market indices are hovering near all-time highs.
But, as has been often discussed here, are we really better off for it?
Recent survey data from Bloomberg show that 4 out of 5 Americans don't feel any more financially secure as a result of the stock market rescue. 62% believe the country is headed in the wrong direction:
Michael Shuman: The Benefits of Deploying Investment Capital Locally Vs Wall Street
by Chris MartensonThe Federal Reserve and other central planners have worked overtime to lead the world back to "recovery" from the depths of the 2008 financial crisis. Using one of their main signaling indicators, they've succeeded: stock market indices are hovering near all-time highs.
But, as has been often discussed here, are we really better off for it?
Recent survey data from Bloomberg show that 4 out of 5 Americans don't feel any more financially secure as a result of the stock market rescue. 62% believe the country is headed in the wrong direction:
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