Taps Coogan – July 27th, 2020
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Grant Williams, co-founder of Real Vision, recently spoke with Macro Voices‘ Erik Townsend in a wide ranging interview about his view that the US economy (and others) is headed towards “extreme” negative outcomes as a result of the Coronavirus lockdowns, widening wealth divide, and social tensions.
What kind of extreme outcomes? He notes:
“I gave a presentation a couple years ago… and I talked about the ingredients that you needed for a reset of the monetary system and they were basically social unrest, political unrest, and financial unrest. Even back then in 2018, I was saying we that have political unrest and that we have social unrest even though it wasn’t anywhere as near as pronounced as now. But what we didn’t have was financial unrest. We’ve seen the beginnings of that (now) and we’ve also seen how aggressively they’ve tried to prevent that financial unrest from spreading, because that’s the last ingredient before the system blows up… They are going to do everything they can to keep the financial system together and that will involve liquidity and that will involve potentially sending these markets even higher. But the higher they go, the more the disastrous the crash is ultimately going to be…”
There is much more to the interview, so enjoy it above.
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