European banking system is getting worse and the central bankers are preparing for a collapse of the banking system. Core Logic is reporting the housing is overvalued, it is exactly what we saw in the 2008 crisis. Manufacturing last another 4000 jobs.
Greenspan is worrying that its not the stock market bubble everyone should be worried about it is the bond bubble. Trump is playing the game, the corporate media and Fed has been pushing the idea that the market is the indicator for the economy and if it goes higher it means everything is going well. He will use this to his advantage when the system crashes.
Thanks for sharing i'm leaving this comment here so i can come back and watch
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Greenspan says all fiat currency ends in hyper-inflation. Investors are accepting more and more risk. These bad loans that the EU banks have invested in may be the catalyst for Greenspan's predicted inflation.
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This is without a doubt the mother of all bubbles, affecting all major asset classes.
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Thanks Dave.
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Dave always dropping that truth. Understand and Prosper people! #InCryptosWeTrust #InPreciousMetalsWeTrust #InPermacultureWeTrust
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This post has been ranked within the top 50 most undervalued posts in the first half of Aug 03. We estimate that this post is undervalued by $9.97 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Aug 03 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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