Greg Hunter interviews Chris Martenson, economic researcher and futurist and co-founder of "PeakProsperity.com", about the economy and what he sees ahead.
Topics:
- (00:22) "Believing the impossible", if you think market fundamentals don't matter -- 236 large cap-companies with 50 or higher Price-to-Earnings ratio;
- (03:08) Risk appetite is the highest on record -- investor sentiment is off the charts -- record debt around the world;
- (05:00) Relationship between the markers for wealth and the claims on that wealth itself -- primary wealth, secondary wealth, and the claims on that wealth -- claims and GDP out of alignment -- claims increasing at twice the rate of wealth creation;
- (8:53) Central bank rigging -- central bank printing driving up the asset markets -- 2017 saw the largest amount of printing (over $2.5 trillion) by Bank of Japan, U.S. Federal Reserve, and the European Central Bank;
- (10:32) Buying precious metals, gold and silver as well as platinum, palladium, and rhodium;
- (13:05) Considering how long the monetary printing has gone on, are you surprised, shocked, scared, or all three about this scenario? -- U.S. Federal Reserve loaning $21 trillion to foreign banks -- Central banks are heavy (preferred) buyers of options and futures on Chicago Mercantile Exchange;
- (16:30) What is the end going to look like for the everyday person? -- recession will happen -- like 2008 on steroids -- job losses -- prepare by getting out of debt, start saving money, and reduce spending;
- (21:12) Do you think the U.S. dollar will hyper-inflate? -- cryptocurrencies are a way people are saying they don't want to be in fiat monetary systems -- people don't trust banking system -- tax cuts will add to the debt;
- (25:00) What about the "war card"? -- Price of oil (or lack of oil) could be the linchpin -- geopolitical realignments happening because of oil;
- (29:00) Upcoming "Peak Prosperity" conference in May 2018;
- (31:15) Can Central Banks keep this going forever? -- Only if you believe you can print your way to prosperity;
- And more...
35 minute video by Greg Hunter published 23 January 2018
Link Associated with this Interview
Wealth Will Go Poof in Next Crash – Chris Martenson
Source:
Greg Hunter's YouTube channel: USAWatchDog
USA Watchdog website USA Watchdog
USA Watchdog on SteemIt: @usawatchdog
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The purpose of this post is to raise awareness of the USAWatchDog, give Greg's work a wider audience, and direct traffic to his YouTube channel.
If you like this video, then you may want to subscribe to the USAWatchDog YouTube channel for more videos and updates.
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Thank You!
Thank you!
great words by great personality
thank you @etcmike
have a great week!
Steem on,
mehram
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Chris Martenson Interview was awesome it's very knowledgeable and so helpful to everyone I would like to recommend to watch this video. the all topics are good to ask and the Chris Martenson representation was awesome in Interview.
Thank you @etcmike your follower @akshaymukadam.
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Greg Hunter interviews Chris Martenson
the way that you posted is amazingly defined the informations
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Again very informative post from you Sir!
Thanks @etcmike
God bless you!
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its really incredible! the interview was fabulous.The way you deliver this post is really awesome and helpful. Thanks for sharing.
have an amazing week!
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The first thing that jumps out at me regarding the stock market is the DEBT LOADS! These are money borrowing machines, I thought they were supposed to make money not borrow it.
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Always deliver such a great information @etcmike
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well posted again good work
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gain i m going to say that you are delivering nice information i like it and upvoted
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thanks for sharing this important video :)
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thanks for valuable post.
good job
keep it up bro !
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Thanks for sharing your incerdiable
Video post...
Keep it up...@etcmike
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great work keeep it up.
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Thanks buddy for the video !
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Thanks for your valuable andcopious post.
We can gather a lot of information by your post.
By dint of, we can increase our skill that is beneficial for all steemians.
I will always visit your site & wait for your upcoming post.
Thanks. @etcmike.
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Thank you for your comment. Remember to upvote my blog post and in three days or so I wll upvote your comment! It is my way of saying thank you!
Have a fantastic week!
Steem on,
Mike
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great job keep it up.
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#Nice post ✓✓✓#
thanks for updates.
Steem on
Shahzaib Munawar ,
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