{"id":57248,"date":"2021-03-25T07:21:14","date_gmt":"2021-03-25T12:21:14","guid":{"rendered":"https:\/\/olduvai.ca\/?p=57248"},"modified":"2021-03-25T07:21:14","modified_gmt":"2021-03-25T12:21:14","slug":"are-we-staring-at-a-coming-systemic-breakdown-the-end-of-capitalism","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=57248","title":{"rendered":"Are We Staring At A Coming Systemic Breakdown & The End Of Capitalism?"},"content":{"rendered":"
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Are We Staring At A Coming Systemic Breakdown & The End Of Capitalism?<\/span><\/a><\/h3>\n<\/div>\n
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Michael Every of Rabobank is concerned we are<\/strong><\/p>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n

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For any problems they face, governments all over the world are now conditioned to simply deficit spend or issue new $trillions in \u2018thin air\u2019 currency.<\/p>\n

So how in danger are we of that recklessness leading to a breakdown of the entire system?<\/p>\n

Respected financial analyst\u00a0Michael Every<\/strong>\u00a0suspects we\u2019re closer than most realize.<\/p>\n

As governments continue to flood the world with debt-funded stimulus, they not only fan the flames under the social powderkeg of wealth inequality, but they are destroying their own powers in the process.<\/p>\n

Up until the Great Financial Crisis, a dollar in new federal debt issued resulted in more than $1 in incremental GDP. But no longer:<\/p>\n

\"Federal<\/p>\n

That indicates the government is now at the \u2018pushing on a string\u2019 phase: it can\u2019t grow out of its problems. Issuing new debt only digs the insolvency hole deeper at this point.<\/p>\n

Which is why Michael agrees that now, more than ever, is the time to partner with a financial advisor who understands the nature of the risks and opportunities in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:<\/p>\n