Alex Krainer on the Economic Outlook
I can't believe I spent so long listening to a hedge-fund manager! See https://alexkrainer.substack.com/ . My comment : 30:08 I am not so pessimistic. I think there are ways out of a severe economic depression, but they require a level of education among the general populace which is far beyond that permitted by the kakistocracy. 43:51 HSBC in 2012 found to have laundered close to US$1 billion on behalf of the Sinaloa cartel. See HSBC is the New BCCI and Bill Browder is Still Obsessed With The Idea That Vladimir Putin is Obsessed with Him . That state visit by Obama in 2012 was something wasn't it? Then a few months later Britain and the US bombed Tripoli. That was about banking too. Michael Hudson on Nuclear Economics 16:35 Why hasn't the stock market dropped? Because there's too much liquidity in the financial stratosphere. This is the result of 18 years of quantitative easing. See Clara Mattei on Capitalism, Austerity and Academia . ...