Juggling Dynamite

Danielle was a guest today with Jim Goddard on Talk Digital Network talking about recent developments in the world economy and markets.  You can listen via this audio link here.

Deflationary tides are lapping the shores of countries across the world and financial bubbles are set to burst everywhere, Vikram Mansharamani, a lecturer at Yale University, told CNBC on Thursday.

“I think it all started with the China investment bubble that has burst and that brought with it commodities and that pushed deflation around the world and those ripples are landing on the shore of countries literally. everywhere,” the high-profile author and academic said at the Global Financial Markets Forum in Abu Dhabi.  Here is a direct video link.

This is so obvious it’s painful. But Kashkari has received much media coverage the past 2 weeks admitting truth.

In the 2008 crisis, Neel Kashkari worked to save big banks. Now the president of the Fed Bank of Minneapolis says it is time to think about breaking them up. Here is a direct video link.