The global economic collapse still hasn't happened...

Egon von Greyerz with another must-read on world events & economics.

https://kingworldnews.com/greyerz-f...ng-for-global-financial-system-and-the-world/

 

CENTRAL BANKERS HAVE ALL THE POWER: STOP PRINTING MONEY, STOCKS WILL CRASH!
Nice little video suggesting the money supplies around the world are contracting in 2019.

 

If they stop making casino chips, if they stop rolling the dice or if the roulette table stops spinning...

...if the card-cutter lady stops mixing the cars or if the cards fall on the floor or if the casino's lights go out...

....THE CASINO GAME WILL COME TO A HALT!

 

On the cover of his 1970's book 'Opportunities and Profits in the Coming Great Depression'.
Doug was about 40-50 years early, but his Depression is right around the corner.
This interview was in 1980

 

lol

you cant be serious

 

hardly we are fighting back the great unwashed from our borders trying to stop them coming here illegally its hardly "forced"

 

Here's a fresh new video interview with Marc Faber - he actually says plenty of new things now.

 

'REAL MONEY' lesson 25 seconds into this video.

 

You're not forcing them to come, but something is forcing them to leave.

 

and that is not my problem as long as they keep the f outta here.

 

Zerohedge says we're already in a recession:
https://www.zerohedge.com/news/2019-08-12/3-charts-confirming-global-economy-already-recession

It sure feels close. Gold's steeply up, economies slowing down.

Gosh, I wish were back in 2013, when gold was down and it felt like it was never going to happen. Now everyone is talking about the great collapse.
And no-one seems to exactly what/how it's going to happen.

And yet I still hope it won't happen. At least not for another 10 years until "we pull our pans up high" and dig bunkers in the ground.

 

This probably wont be the collapse that sees DC in ashes and the politicians hanging in the streets but we are getting closer to it. I hope I'm alive to see that one.

 

At the start of this year I was still thinking it would be a long-drawn collapse. However, the actions of the Australian government in certain areas make me feel that it is around the corner...maybe within 18 months.

 

The cause of it is money printing and the bubble economy. First by US and EU and then by China after the "GFC". The money printed has fueled asset inflation (HK and Chinese cities especially) throughout the world while the real economy isn't doing that well. But China can only print money if the USA prints. After the FED started to raise rates, the flow of dollars slowed and we are seeing the effects of it since the beginning of the year. A repeat of 1997 but on a much larger scale?

Singapore faces the same bubble issue but in the last couple of years, the Singapore government has managed to crack down on real estate speculation. For some reason, the Chinese government has failed to do so be it in China or HK for which I can’t get it. I mean I'm quite sure that there's nothing that the CCP can't do? Or perhaps they are afraid of bursting the bubble? Or maybe Beijing doesn’t have full control over individual cities as many believe them to have. Or maybe they want America to burst the bubble so as to push the blame like what is happening in HK right now, alluding that the US is behind the protests.

Or maybe the bubble is already so big, if it collapses, it will bring down the big chinese banks??

 

For those who understand the significance of this. The yield on the 30-year bond.
I have inverted the colour of this chart to make it easier to read.

 

And for anyone who doesn't understand the significance of that graph, here's a pictorial description.

 

Not to fear. Lets go for more QE and negative interest rates.....ie the Improbability Drive of economics and see where it takes us.

 

"Not to fear. Lets go for more QE and negative interest rates.....ie the Improbability Drive of economics and see where it takes us."

I would say you have had a miss-spent youth if you are watching that stuff, lol.
But let's try it anyhow, what have we to lose?

 

Who says it was only a misspent youth???

 

WOW, something really has THE FED worried.
Powell Issues Gag Order To Fed Presidents: Report.

https://www.zerohedge.com/news/2019-08-16/powell-issues-gag-order-fed-presidents-report