In this week's Off the Cuff podcast, Chris and John Rubino discuss:
- The Importance Of Greece
- Exposing the fatal flaw of the global economy
- The End Of The Fiat Currency Regime
- Today's woes were predictable back in 1971
- Horrible Time For Investors
- Tons of risk and precious little safe havens
- Timing For The Crash
- Unknowable, but closer than ever
I think John summed up this discussion best during the podcast:
Of course, we’re a mess, too, because we fired the first shot in the currency war a few years ago, where we depreciated our currency versus the Euro and the yen. We got a couple of years of modest growth out of that, but now we’re at the other end of the spectrum. We’re losing the currency war, because the dollar is shooting up versus the Euro and the yen. And, that’s going to bite us in 2015 and 2016 in the same way that a strong Euro and a strong yen hurt Europe and Japan. And, so our time is coming, too.
There is no place where you can look in the world and say, “Oh, yeah, this country’s being run right, and this region is going to be okay.” Everybody has serious problems, and it’s not clear who blows up first, although, Greece looks like it’s a pretty big candidate right now.
by rubearish10