Financial Holocaust, Zero Bound and
The Next Leg Down
The demise of the G7 financial systems, currencies and economies continues to march along as incomes collapse. The social welfare states and their banking system’s Ponzi finance-based economies are BROKE, their obligations and promises irredeemable and unpayable.
A debt spiral is in full view, irreversible with policymakers unable or unwilling and opposed to making the changes required to create private sector income growth and control spending, and which must be done to avert the final calamity.
The greatest transfer of wealth from those who store it in paper to those who don’t is unfolding. A Crack-up Boom approaches. . .
Awash upon a sea of trillions of Dollars, Yen, Pounds, Swiss Francs and Euros, fiat currencies are flying off the printing presses, printed out of thin air! Markets are doing things which have never been seen before in History, and it has only begun. Within as little as a year or as long as a decade, the G7 currencies will go to the intrinsic value of the paper and ink in which they are constructed, as all the fiat currency and credit systems which preceded them have done. This is a currency extinction event. A Crack-up Booms looms. . .
Everything is mispriced because no one knows what the G7 currencies are worth in purchasing power except as measured in gold. Volatility is expanding, and volatility is opportunity for the prepared investor. Buy and hold is dead. Absolute return investments with the potential to thrive in up and down markets are the order of the day, as all markets (stocks, bombs, er . . bonds, currencies commodities, energy, natural resources, etc.) price in the new realities of unlimited money printing to substitute for expanding income and economies in the developed world of the G7. Restoring the functions of money combined with diversification into absolute return investments are the order of the day and the most important things to do.
for.
Ty Andros - TraderView
Managed Futures & Alternative Investment Specialist
233 West Jackson Blvd. Ste. 725
Chicago, IL 60606
Phone: 312-338-7800
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