In this week's Off The Cuff podcast, Chris and John Rubino discuss:
- Widowmaker Markets
- Even the hedge funds can't make a buck now
- End Of The Policy Road
- There's no policy that can fix the banks at this point
- The War On Cash
- A clear sign of increasing financial repression
- The Fall Of Europe
- The EU is failing before our eyes
This week Chris and John opine on the reality that even the sharks are beginning to starve in this emerging bear market.
After years of bubblicious asset price inflation, the air is leaking out of the system faster than the central planners can contain it. Of course, that is exactly what needs to happen: market forces need to clear the malinvestment and bring prices back down to levels supported by fundamentals. As it does, though, expect those central planners to fight the trend with everything they have left in their (dwindling) arsenal.
A key example? The growing calls for doing away with physical cash. Even the most uninterested of the masses can easily see this movement has nothing to do with preventing crime or terrorism and everything to do with preventing the public from avoiding the financial repression the government is currently waging against it.
And the government will likely win out for a while, until things simply move too far out of its control too quickly.
by herewego