| David Stockman is the former budget director for President Ronald Reagan and author of “Peak Trump: The Undrainable Swamp and the Fantasy of MAGA”
He believes that the market “can’t digest” all the money flooding into Wall Street and that the Federal Reserve responded with panic. |
 David Stockman |
Prepare Now! Risk Of Contagion In Today’s Fragile Monetary World◆ GOLDNOMICS PODCAST – Episode 13 – Lucky for some ! ◆ Why is nobody talking about the real risk of contagion to investors, savers & companies? ◆ “Contagion will impact stocks, bonds and deposits and both investments and savings across the spectrum” ◆ While all the focus in the UK, Ireland and the EU is on Brexit, the risk of another debt crisis looms as companies, banks, governments and the global economy grapple with massive levels of debt ◆ Prepare for the 4 C’s: i) Counter party risk ii) Credit and debt crisis iii) Currency wars and iv) Contagion ◆ Complex financial & technology systems in the fintech age make the counter parties which investors and savers rely on more fragile. This highlights the need for direct and outright legal ownership of tangible assets ◆ Financial, economic and monetary contagion risk underlines the importance of real diversification and owning gold in the safest ways possible |
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Tags: Daily Market Update,newsletter
