Wednesday, September 5, 2018

Last Hurrah for Stocks, Bonds, The Dollar and Most Asset Markets

This is it! The autumn of 2018 will be momentous in the world economy, markets and politics. We are now seeing the Last Hurrah for stocks, bonds, the dollar and most asset markets. The world economy has been living on borrowed time since the 2006-9 crisis. The financial system should have collapsed at that time. But the massive life support that central banks orchestrated managed to keep the dying patient alive for another decade. Lowering interest rates to zero or negative and printing enough money to double global debt seem to have solved the problem. But rather than saving the world from an economic collapse, the growth of debt and asset bubbles has created a system with exponentially higher risk. PROBLEMS START IN THE PERIPHERY – VAT COUNTRIES – VENEZUELA, ARGENTINA, TURKEY So here we are on the “Eve of Destruction” when the fake measures that governments and central banks have taken have not saved the world, as the Keynesians believe, but instead created an...

from GoldBroker.com https://www.goldbroker.com/news/last-hurrah-for-stocks-bonds-dollar-most-asset-markets-1384

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