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Greg Hunter: Peak Crazy Time, Yield Shock Coming – David Stockman Video

Saturday, April 14, 2018 21:34
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By Greg Hunter’s

Former Reagan White House Budget Director David Stockman says look out for the “perfect storm” coming our way. Stockman explains, “I think we are in peak crazy time, really, to launch an attack against Syria based on the flimsy evidence to date, and the likelihood it was another false flag operation. . . . Trump declared victory two weeks ago in Syria and said we are coming home, which is exactly the right thing to do and say.  Then, all of a sudden, you have a gas attack and the clamor from the war party to do something, respond and bomb Assad yet one more time, even though those air bases and military bases are populated with Russian military. . . . So, let me summarize.  You have a hot war against Russia and the Iranians, which we have no business starting.  You have a trade war brewing, I am afraid will get out of control with China, which is totally unnecessary.  You have a fiscal calamity brewing right before your eyes, and you have a Fed populated by Keynesians, who think they miraculously cured the economy and everything is fixed.  So, they are finally going to do what they should have done a long time ago and that is normalize interest rates. . . . The problem is they have waited so long . . .  that by October, they will be shrinking their balance sheet by $50 billion a month . . . while the Treasury is attempting to sell $1.2 trillion a year of new debt. . . . You are going to have, and I am quite certain of it, you are going to have a yield shock like the world has not seen in a long time. . . . When yields hit 4%, the proverbial brown stuff is going to hit the fan.  It is the proverbial perfect storm of upset, upheaval and really insane kind of developments.  Finally, after kicking the can all these years, it is finally going to come together, and I don’t see what is really going to slow it down.”

How did the world get into record debt and trade wars? Stockman says, “The point is a free market based on honest money would never produce this kind of imbalance.  Under the old system, when you start to run trade deficits this big . . . there would have been quick adjustment because we would have lost reserves.  Pre-1914, that was gold.  When you lost financial reserves, gold, that caused the banking system to tighten up and caused interest rates to rise, credit to be curtailed, and the economy slowed down.  Prices adjusted and slowly imports declined and exports recovered. . . . We don’t have that anymore. We basically have a bad money system, which allows these kinds of trade imbalances to grow.”

What Stockman sees is deflation, depression and financial Armageddon. Stockman says, “In the bond market, I don’t know any other way to describe it. . . . It’s uncharted territory, and we have never been here before. . . . The house of cards is so shaky and so fragile right now that there is the risk of the proverbial black swan event.  We don’t see something coming.  It shocks the system.  It triggers a panic, and the panic soon envelops itself and descends into some sort of doom loop.  That could very easily happen.”

Stockman says, “Gold and silver are the only safe investments to have . . . you can’t be safe in the stock market, and you can’t be safe in the bond market.”

Join Greg Hunter as he goes One-on-One with financial expert David Stockman.

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After the Interview: 

There are free articles and information on Mr. Stockman’s website called You can get much more from Mr. Stockman by subscribing to get his detailed analysis he puts out daily.  Click here to subscribe.

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Total 2 comments
  • CUB4DK

    We have a very restrictive Oil Based Economy and TPTB want to keep it that way…so now they need their pipeline to go through Syria, hence, another War. The TPTB need to keep up with this treacherous Status Quo or face prison because their backs are now against the wall. So the War Machine trys to keep on churning in this limited Oil based economy. TPTB will be successful in not getting arrested, with an all out WAR or WW3.They want POWER and CORRUPTION and we want PEACE ,however their will be no peace with this Status Quo. The whole governmental system needs to be overhauled and changed from a Corrupted Patriarchal system into a Matriarchal system. This would create a NWO… which actually means a Nurturing World Order. The Queendoms have to rise as the Kingdoms fall away…hence the need for a chosen One…as the catalyst. Think Matriarchy…WE WANT A MATRIARCHAL SYSTEM!

    • CUB4DK

      WHUZZZZ-Up PINKY (Angle # TWO FOUR)…are you still SLOBBERING while you Speak!
      FACT: Males in general suffer from TESTICULAR NEUROPATHYS…you know that Urge to Purge,that Need to Breed and that constant WANKING that YOU suffer from!!! It makes US MEN into total ASSHOLES…WE forgot how to treat the Ladies…

      All you Board Members should look up the word GENTLEMEN…and then try being one someday…hehehe

      SO…look up the word MATRIARCHAL and UNDERSTAND the system change….

      We also have to create the Ministry of MEGU…..for the sake of our children and JUSTICE!

      I don’t know about you PINKY…but if you only had 1/2 a brain CELL…you could have done this all by yourself!!!

      Yours Truly, The White Feather…Dr. Rexi Wi-lli Willi Baumgartner :smile:

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