by Bill Holter, JS Mineset:
Over the years, many have continually asked “when”? When will the system break down? Well, I have some good news and some bad news for you. The good news is; you are watching the collapse in real time with your own eyes. The bad news? You are watching the collapse in real time with your own eyes! This will be short and sweet.
1. Inflation is raging as the continual money printing, expansions of debt, and deficit spending have finally overwhelmed the financial engineering used to hide their dirty work. Simply, our money was debased as the party raged on.
2. As a result (response) of the monetary insanity, market interest rates began to rise over a year ago. As usual, central banks are way behind the curve and are now being forced to tighten.
3. While inflation of commodities and everyday goods kicks into full gear, asset inflation is giving way to asset deflation.