Turning Hard Times Into Good Times

Alasdair Macleod, John Rubino and Michael Oliver return. An unpleasant conjunction of events is beginning to undermine government finances in more developed nations including the arrival of a long-term trend of rising welfare commitments with an increasing certainty of a global-scale credit crisis. Those problems are in turn the outcome of a combination of the peak of the credit cycle and increasing trade protectionism. Few observers seem aware that an economic and systemic crisis will occur at the same time as government finances are already precarious. However, the consequences are unthinkable for the authorities, and for this reason it is certain such a downturn will lead to a substantial increase in monetary inflation. Alasdair will discuss the magnitude of a collapse of the dollar system and why it appears inevitable. And John and Michael will share their market insights and how we can protect ourselves from the carnage that seems to inevitably lie ahead.