In this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Manipulated Markets
- The plunge protection team is not sidelined yet
- Manipulated Politics
- Trade, and possibly kinetic, wars are being engineered deliberately
- The Silver Lining Of The Next Great Financial Crisis
- It should put us on sounder footing, if we survive it
- Positioning To Profit From The Next Crash
- There are asset classes and trading strategies that hold great promise
John Rubino delivers a hard-hitting rebuke of the current debt-based global fiat money regime, along with its current massive volumes of money printing, and explains why he not only predicts the system must crash, but that we'll be better off for it (should we survive it):
This all comes back to fiat currencies. The only reason we've been able to get away with the excesses we have to-date is because we've got an unlimited printing press. And we will be able to do this until that process ends because people lose faith in these currencies.
You saw what happened with bitcoin, where it dropped by almost two-thirds from its high in a mater of months. We've seen it happen in stock markets around the world at various times where people just lose faith in the value of equities, and they drop by 30, 40, 50, 60 percent.
by davefairtex