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Off The Cuff: The Approaching Bonfire of the Incumbents

Thursday, September 8, 2011, 8:13 PM
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In this week's Off the Cuff with Mish & Chris podcast, Chris and Mish get down to brass tacks on:

  • Europe: Where to from here? 
  • Gold: Is gold decoupling from its historic relationship with the dollar?
  • Fed intervention: Will QE3 be announced on September 21st? If it is, will it even make a difference? 
  • Popular discontent: The key question at this stage is who is going to pay for the clean-up of this mess? Voters around the world are becoming increasingly forceful, they are unwilling to fund more bailouts, and many incumbents look like their days left in office will be shorter than they'd like.
  • Leadership: Why are world leaders so intent on preserving an unsustainable status quo, especially at increasing risk to their political careers?

 

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