“We Can See It, We Can Sense It, The Financial Storm is Coming”
via PalisadeRadio.com
ZeroHedge.com
Sun, 07/01/2018
Global debt and credit expert – Jamie Carrasco – gives insight into the monetary shift going on around the world.
The S&P 500 Banking Index is down over 10 days straight – the market is becoming skeptical since Deutschbank troubles and global yield curves are inverting.
Making matters worse – Russia and Saudi Arabia are entering into a new pricing arrangement which is yet another threat to the US petrodollar. Continued de-dollarization, populist political shifts, central bank actions, and derivatives are all ongoing risks. The reality is a monetary reset is coming. The numbers that keep coming out show massive systemic risk and something has to give. We could be getting set up for something bigger than 1929…
Talking Points From This Week’s Episode
• Deutschbank looks like Lehmann Brothers in 2007.
• A monetary reset looks inevitable.
• Markets could go higher as inflation takes off.
• People need to take a contrarian view and start hedging.
• There are ways to take advantage of the dollar decline.
