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The Everything Bubble Has Burst And There Is Going To Be One Hell Of A Hangover
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June 25 (King World News) – Eric King:“James, the everything bubble has been quite shocking. KWN had the article that you read where it showed that land prices in Australia have now eclipsed that mega-bubble we saw in Japan in the late 1980s.
COMPLETE AND UTTER MADNESS:
1989 Japanese Property Mega-Bubble
Now Exceeded By Australia!
JP Morgan CEO Screams Economic Collapse | Unseen Interview
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Forbes: The economy is going down
Forbes Media Chairman Steve Forbes argues the U.S. is in for 'rough times' as recession fears gain momentum.
Ken Langone warns economy will play out in one way
Home Depot co-founder Ken Langone discusses the impact of inflation on the housing market, the Fed's 75 bps rate hike, recession risk in the U.S. and Biden's climate agenda.
Why one of the wealthiest empires in history disintegrated in 17 years
On June 17, 1631, the 38-year old chief consort of Shah Jahan, head of the Mughal Empire, was giving birth to their 14th child in the central Indian city of Burhanpur.It had been a long and extremely difficult labor– more than 30 hours in total. But the consort persisted and gave birth to a healthy [...]
U.S. only days away until an ‘absolute explosion’ on inflation, says pollster Frank Luntz
Pollster and political strategist Frank Luntz joins CNBC’s ‘Squawk Box’ to break down how high inflation is weighing on President Joe Biden’s approval rating.
The Best Places to Park Your CASH in 2022 With Danielle DiMartino Booth and David Rosenberg
Danielle DiMartino Booth and David Rosenberg join Jay Martin at the 2022 VRIC to provide guidance on where, and perhaps more importantly, where NOT to park your cash in 2022.Danielle and David provide their industry expertise to help investors avoid pitfalls and prosper in the years ahead. Gold, equities, bitcoin, and real estate are all [...]
US in 'largest bubble of our lifetime,' investment expert warns
Key Advisors Group co-founder warns the bubble 'is going to burst'Eddie Ghabour, the co-founder of Key Advisors Group LLC, warned on Wednesday that the U.S. is in the "largest bubble of our lifetime," and it's going to burst as the Federal Reserve is "going to suck liquidity out of the system." Ghabour made the prediction on [...]
Australian residential land value to GDP ratio now higher than Japan at height of 1989 bubble
ABC finance host Alan Kohler has shared a “scary” housing chart, after Australia passed a grim milestone dating back to 1989.ABC finance host Alan Kohler has shared a “scary” chart to illustrate Australia’s housing bubble – likening the current situation to Japan before the “lost decade” crash that saw prices drop 70 per cent. “And finally [...]
When Money Dies
Weimar Germany was not the first regime to collapse under the weight of excessive money creation, and it won’t be the last... by Craig Hemke via Sprott Money NewsBack in the summer of 2011, many of us were reading about the Weimar Republic and its hyperinflationary downfall. A decade later, it’s time to revisit the [...]