WallStForMainSt: Welcome to Dystopia Episode 44: Governments & Central Banks Scrambling to Change the Rules!

  • Friday, 05 October 2018 23:57
Because Phil Kennedy of Kennedy Financial has been busy with his day job and also traveling, Jason is doing Episode #44 of Welcome to Dystopia solo! The 3 Most Important Rules of Investing In This "New Normal" 1. Politicians and governments can and will change the rules anytime they want, perhaps on a daily basis (moving the goal posts, retroactive rules, moving targets) 2. Because of rule #1 people should not go "all in" on investing in any one asset class or investing in only one country or company. At least some real diversification is important to protect against known unknowns or unknown unknowns. 3. People should focus on creating as many possible income streams and inflation hedges as they can from owning different investments and businesses to protect themselves to survive and thrive whatever is coming in the future thanks to the myopic stupidity and rent seeking behavior of parasitical central planners, politicians, bankers, government bureaucrats, etc 1) Simon M Potter: The Federal Reserve and central bank cooperation over the past 100 years https://www.bis.org/review/r180112a.htm 2) New York Fed official celebrates a century of market rigging http://www.gata.org/node/17966 3) Beware The Zombies: BIS Warns That Non-Viable Firms Are Crippling Global Growth https://www.zerohedge.com/news/2018-09-23/beware-zombies-bis-warns-non-viable-firms-are-crippling-global-growth 4) Brazil Central Banker Makes Striking Admission: FX Interventions Are "Unsustainable" https://www.zerohedge.com/news/2018-06-18/brazil-central-banker-makes-striking-admission-warns-fx-interventions-are 5) Democrats More Positive About Socialism Than Capitalism https://news.gallup.com/poll/240725/democrats-positive-socialism-capitalism.aspx 6) Hedgies Hit Record Short Gold As Gundlach Warns Bond Bears Of "Massive...Short Squeeze" https://www.zerohedge.com/news/2018-08-18/gundlach-warns-bond-bears-massive-increase-shorts-could-cause-quite-squeeze 7) Chinese Stocks Jump After Government Intervention, Sending Global Markets Higher https://www.zerohedge.com/news/2018-08-20/chinese-stocks-jump-after-government-intervention-sending-global-markets-higher 8) China's Bond Market Cracks: 2018 Will Be A Record Year For Onshore Bond Defaults https://www.zerohedge.com/news/2018-09-30/chinas-bond-market-cracks-2018-will-be-record-year-onshore-bond-defaults Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 44 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**

Additional Info

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.

Our main goal is to make crypto grow by making news and information more accessible for the masses.