Wed, 16 October 2019
Let’s face it, the global financial system is now receiving home hospice care, compliments of the Federal Reserve. With the implosion of the Repo Market, the Fed has been trying to keep the lid on a pot that wants to boil over. Could this be a repeat performance of 2008-09. Darry and I agree that there’s probably one or more banks around the globe that have either failed or failing. What's happening now is strikingly similar to what happened then. Now we're all a decade wiser and understand the game better. It would benefit you greatly to understand it as well. |
Wed, 16 October 2019
We talked with Miami hedge fund manager and blogger came on the show for his first time. He's seeing economic storm clouds on the horizon. After all, how long can the good times go on for? The Miami luxury condo and housing market is already starting to fall apart. The carrying costs are too high and there's and the greater fools from other countries have fled the market. So look out below. Similar things are happening in NYC, San Francisco, LA, etc. Oh and don't go expecting the China Deal to keep things going. According to Kuppy, it's not a real deal, simply an agreement to maybe agree. |