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    Off The Cuff: Why Currency Crisis Is The Real Risk Here

    In China, and perhaps eventually here in the US as well
    by Adam Taggart

    Thursday, May 30, 2019, 9:30 AM

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In this week’s Off The Cuff podcast, Chris and Wolf Richter discuss:

  • Tesla’s Woes
    • A harbinger of what’s coming for many other overvalued companies
  • How Bad Could A Trade War With China Get?
    • There will be lots of unintended consequences
  • Why The Smart Bet Is On Currency Devaluation
    • Governments will print forever to prevent catastrophic losses from happening
  • Recession Ahead!
    • The global macro data continues to look worse and worse

In this excellent discussion, Chris mentions “It feels like we’re so far down the state intervention pathway that I’m not sure that there is a way back to free and fair markets at this point in time. And it would take something fairly cataclysmic I think to upend that, something like an out of control currency accident for China, taking it out of their hands, for instance. ”

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.

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