by Egon Von Greyerz, Gold Switzerland:
In this MAM Chat, Egon von Greyerz and Matthew Piepenburg discuss the cold math of global debt and declining GDP. Given such facts, they address and explain the growing disconnect between a faltering global economy and central bank supported markets. Matthew and Egon then exchange thoughts on how it all ends. Specifically, they consider what policy makers are likely to do when market realism and natural market forces replace market stimulus and central bank fantasy. As always, all rivers point toward gold.