{"id":20281,"date":"2016-04-25T21:01:36","date_gmt":"2016-04-26T02:01:36","guid":{"rendered":"http:\/\/olduvai.ca\/?p=20281"},"modified":"2016-04-25T21:01:36","modified_gmt":"2016-04-26T02:01:36","slug":"doug-casey-warns-its-the-next-stage-of-the-greater-depression-the-economy-is-going-to-be-very-very-bad","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=20281","title":{"rendered":"Doug Casey Warns: \u201cIt\u2019s The Next Stage Of The Greater Depression\u2026 The Economy Is Going To Be Very, Very Bad\u201d"},"content":{"rendered":"<h3><a href=\"http:\/\/www.shtfplan.com\/headline-news\/doug-casey-warns-its-the-next-stage-of-the-greater-depression-the-economy-is-going-to-be-very-very-bad_04252016\">Doug Casey Warns: \u201cIt\u2019s The Next Stage Of The Greater Depression\u2026 The Economy Is Going To Be Very, Very Bad\u201d<\/a><\/h3>\n<div>While President Obama took credit this weekend\u00a0for saving the world economy from a global depression and stock markets are hovering around all-time highs, not everyone is convinced that central bank policy and government involvement in financial markets has stabilized the system. Doug Casey, one of the most well respected institutional investors in the world and someone who thrives in environments plagued with volatility and risk, joins\u00a0<a href=\"http:\/\/www.futuremoneytrends.com\/trend-videos\/interviews\/gold-economic-collapse-profit-crisis-doug-casey-interview\" target=\"_blank\">Future Money Trends<\/a>\u00a0to explain exactly why the world has not avoided a Greater Depression and how things are about to get \u201cvery, very bad.\u201d<\/div>\n<div>\n<p>And by very bad he means that centrally manufactured super-bubbles and bubbles are set to wipe out trillions.<\/p>\n<blockquote><p>You\u2019ve got to remember that all of these governments and central banks all around the world have driven interest rates not just to zero, but to negative levels in some cases\u2026 and they are simultaneously printing up trillions of currency units.\u00a0<strong>And even while they are desperately doing that the economy is falling apart in lots of different ways.<\/strong><\/p>\n<p><strong>\u2026They\u2019ve created\u00a0a super-bubble in bonds, a bubble in stocks, and meanwhile commodities have collapsed and are below production costs in many cases.<\/strong><\/p>\n<p><strong>\u2026The economy is going to be very, very bad\u2026 It\u2019s the next stage of what I call the Greater Depression.\u00a0<\/strong><\/p><\/blockquote>\n<p><em>Full interview via\u00a0<a href=\"http:\/\/www.futuremoneytrends.com\/trend-videos\/interviews\/gold-economic-collapse-profit-crisis-doug-casey-interview\" target=\"_blank\">Future Money Trends<\/a>:\u00a0<\/em><\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/da7fBFneMH0\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><br \/>\n<em>(<a href=\"https:\/\/www.youtube.com\/watch?v=da7fBFneMH0\" target=\"_blank\">Watch At Youtube<\/a>)<\/em><\/p>\n<p>But as centrally manufactured bubbles burst in one sector of the economy, says Casey, capital\u00a0will flow en masse to other sectors as investors panic. First to safe haven assets like gold, and then to to broader commodities which have been left for dead since the start of the decade:<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Doug Casey Warns: \u201cIt\u2019s The Next Stage Of The Greater Depression\u2026 The Economy Is Going To Be Very, Very Bad\u201d While President Obama took credit this weekend\u00a0for saving the world economy from a global depression and stock markets are hovering around all-time highs, not everyone is convinced that central bank policy and government involvement in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[88,150,6227,1849,6684,9713,584,753],"class_list":["post-20281","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bonds","tag-collapse","tag-doug-casey","tag-financial-markets","tag-future-money-trends","tag-greater-depression","tag-obama","tag-stocks"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20281"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20281\/revisions"}],"predecessor-version":[{"id":20282,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20281\/revisions\/20282"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}