Published
11-25-14
30 Minutes
John
feels the global economy is slowing down dramatically.
The Predicament
The
rich see this and fully expect sovereign nations to attempt to "print
their way out" by debasement and policies of Financial Repression.
As a
consequence the "Rich" are taking knowing actions to protect their
wealth.
"The rich have way more money than they know what to
do with even in a deflationary world and are buying shiny baubles at any
price just to get out of their financial
assets."
They
are getting out of paper and moving to hard assets that have an intrinsic
store of wealth.
A world
with both inflation and deflation at the same time, seems to violate most
economic theories and probably can't be sustained.
How does it resolve?
Join
John and Gord in this 30 minute discussion on what this means going forward.
Video: What Are The Rich Doing With Their Money w/John Rubino
