Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By CoyotePrime (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Greg Hunter, “Michael Pento: When Central Banks Lose Control Bubbles Will Pop”

% of readers think this story is Fact. Add your two cents.


“Michael Pento: When Central Banks Lose Control Bubbles Will Pop”
By Greg Hunter’s USAWatchdog.com

“Money manager Michael Pento sees records being set in the financial markets. but not in a good way. Pento explains, “Let’s be positive here. I don’t root for bad things to happen. So, for the first time in history, we’re going to have bubbles that don’t pop? Does that make any sense to anybody? This is the first time in history we have a record level of debt and a record distortion in asset prices. Again, a record amount of debt that, by the way, is 300% of global GDP. That’s $230 trillion, and that’s supposed to turn out just dandy? I don’t believe it.”

What would it look like if the central banks and the elite lost control of the markets and interest rates and the derivative market? Pento contends, “I think you have to stop saying ‘if.’ I think ‘if’ is not in question. It is a matter of ‘when.’ Let me tell you why I say it’s not ‘if,’ it’s when. When central banks are successful, and there has never been a central bank that hasn’t been successful in creating what they want to create, what do all central bankers want to create today? It’s inflation. When they get their inflation, what do they do? They try to pull back and reverse course. They believe that they have solved all of our problems, and they think that inflation is going to stop at 2% or 3% or 4% or much higher. In Japan, they are going to have a bond crisis. I wrote a book about this called ‘The Coming Bond Market Collapse.’ When that big inflation occurs, that is the big cathartic mechanism. When they lose control over inflation, interest rates will mean revert (or go back to historical averages). When you have mean reversion of interest rates, that will pop real estate, stock and bond bubbles. That’s when the globe gets a massive reality check. It’s not ‘if,’ it’s ‘when.’ In the U.S. You could have very easily $3 trillion annual deficits if interest rates just mean revert. That’s going to send a very sharp spear for these bubbles and these manipulators of assets.”

“Join Greg Hunter as he goes One-on-One with Michael Pento, founder of Pento Portfolio Strategies.”
-https://www.youtube.com/watch?v=ZFNyzZU1WiI


Source: http://coyoteprime-runningcauseicantfly.blogspot.com/2017/05/greg-hunter-michael-pento-when-central.html



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Lion’s Mane Mushroom

Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes:

Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.

Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.

Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.

Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.

Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.

Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.