In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:
- Backfiring Sanctions
- Turns out, supply chains are complicated
- Job Losses Now Exceeding Job Gains
- First time (quarterly) since 2010
- Trouble For Housing
- Affordability is going from bad to horrible
- The QE Experiment Has Failed
- After 10 years of evidence, we have a verdict
The cracks in the central planner's long-term strategy are beginning to show.
Volatility is returning to the world's financial markets, which stubbornly now resist to hit new highs. Job growth is peaking. Nearly everyone younger than the baby boomers is getting priced out of the housing market. And the unity of the recent globalization era is fracturing nearly everywhere around the world.
When it comes down to it, all the massive efforts to "save the system" following the onset of the 2008 Great Financial Crisis have served to do is enrich a small number of elites and corporations at the expense of everyone else.