As Mark Spitznagel has said in the video, everything in terms of value and perception is out of whack, because there is so much liquidity in the markets thanks to money printing by governments.
Real estate is super expensive, commodities are expensive, stock market / stock valuation is very expensive as compared to earnings, while the true state of the economy is dismal at best.
Press PLAY below:
This is a video of the possible future, not if ….but when the U.S dollar will collapse. It is a certainty and the only question is when?
Notice, that a possible “one world currency” ideal was presented.
Questions is are you prepared?
I’ve posted about the increasing income inequality in the United States many times before, and it is not getting any better.
The mainstream media would like to think that there is a recovery in jobs, recovery in income, a recovery in standard of living, but in reality the social fabric and economy of the United States is deteriorating at an alarming rate.
I’ve been watching the situation of Canadian personal debt for a while, and it seems like it is getting bigger and bigger. This latest report shows a 3% increase in personal debt not including mortgages.
What most Canadians are failing to comprehend, is that all it takes for them to hit financial ruin is a loss of a job and a rise in interest rates. Most Canadians should think about trying to reduce their debt as much as possible as the next downturn in the economy is coming between 2014-2017.
I’ve been watching the Canadian housing market for over the last decade now, and let me tell you have things been getting really frothy. In downtown Toronto, you can now get a one bedroom 700 square foot condo unit for $280,000 to $320,000. My wife and I decide earlier last month to walk our weekends in downtown Toronto to enjoy the scenery and restaurants and during those excursions I kept a mindful eye on all the condo construction and cranes that were all over.
Recently there have been many articles stating that there is now record number of money inflow into stock/equity mutual fund by retail investors. This is a sign that the market might be topping, when enough money goes into this market and drives up the stock market in the short-term , it is going to be the “blow off top”.
After watching the Jimmy Kimmel video above from his show, one can just sum it up to humor. I mean I have to admit it is quite funny to hear a bunch of kids say those things.
But, what if you replaced the word “Chinese” with another group of people or country:
The government don’t want you to know who “The Fed” is. The government wants to keep you, the citizens in the dark and stupid so that they can be left to sneak around in the shadows and waste American tax dollars.
The Fed is printing U.S dollars out of nowhere, which de-values the the U.S dollar and creates inflation. As well the Fed and government waste tax dollars by bailing out banks with $800 billion of taxpayer money.
Canadian financial company Manulife is looking to Asia for growth. While as it stands now 75% of Canadian citizen are in debt and finding tough to get by, they just don’t have the money to invest.
Meanwhile, in the United States the average citizen is broke and even more in debt, despite the fake real estate recovery and all-time high manipulated stock markets to make things look better than they are.
To get to the point, the American government cannot repay all the debt it has accumulated. America has borrowed way too much, like a teenager with a brand new credit card.
In the next decade, be aware and prepare. As the U.S dollar is going down, because the rest of the world will not be buying U.S bonds/treasuries as the U.S government institution prints more money. Possible hyper-inflation might be coming.
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