{"id":9846,"date":"2015-07-09T06:27:39","date_gmt":"2015-07-09T11:27:39","guid":{"rendered":"http:\/\/olduvai.ca\/?p=9846"},"modified":"2015-07-09T06:27:39","modified_gmt":"2015-07-09T11:27:39","slug":"sot-41-wolf-richter-how-will-the-global-asset-bubbles-unfold","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=9846","title":{"rendered":"SoT #41 \u2013 Wolf Richter: How Will The Global Asset Bubbles Unfold?"},"content":{"rendered":"<h3><span class=\"Apple-style-span\"><a href=\"http:\/\/thedailycoin.org\/?p=35741\" target=\"_blank\">SoT #41 \u2013 Wolf Richter: How Will The Global Asset Bubbles Unfold?<\/a><\/span><\/h3>\n<p>Stock bubble, credit market bubbles and housing market bubbles. \u00a0Unfettered money printing by Central Banks globally have created massive bubbles of unprecedented proportions across all asset classes.<\/p>\n<p><strong>Once Government and the Central Banks lose the power to stop markets from going down, you\u2019ll have situation that spirals out of control quickly. \u00a0<\/strong>\u2013 Wolf Richter, The Shadow of Truth<\/p>\n<p>Wolf sees China eventually emerging as the world\u2019s new number one, but believes that first it must \u201ccleanse\u201d the massive excesses \u2013 asset bubbles fueled by a massive credit bubble \u2013 with a painful financial and economic correction.<\/p>\n<p>He also thinks that there\u2019s a strong possibility that the 30% stock market correction in China is a preview of what is coming to the United States:<\/p>\n<p><strong>I am convinced that it\u2019s very difficult to impossible to make a significant amount of money in U.S. stocks going forward. I think they\u2019re all pretty much overpriced \u2013 way overpriced.<\/strong>\u00a0\u00a0\u2013 Wolf Richter<\/p>\n<p>The biggest problem Wolf sees with the United States is the Federal Reserve. \u00a0The Fed\u2019s money printing has enabled the Government to incur a massive load of a debt and enables Congress to operate free from any budgetary contstraints:<\/p>\n<p><strong>As long as the Fed keeps buying Government bonds, Congress does not need to address this country\u2019s fiscal problems.<\/strong><\/p>\n<p>Finally, we take a look at the reinflation of the housing bubble by the Fed. \u00a0Wolf is one of the few blog writers who offers insightful analysis on the housing market.<\/p>\n<p><span class=\"Apple-style-span\">&#8211; See more at: http:\/\/thedailycoin.org\/?p=35741#sthash.eL9uB69m.dpuf<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoT #41 \u2013 Wolf Richter: How Will The Global Asset Bubbles Unfold? Stock bubble, credit market bubbles and housing market bubbles. \u00a0Unfettered money printing by Central Banks globally have created massive bubbles of unprecedented proportions across all asset classes. Once Government and the Central Banks lose the power to stop markets from going down, you\u2019ll [&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":[124,130,3203,303,305,7114,7113,827,1796,4254],"class_list":["post-9846","post","type-post","status-publish","format-standard","hentry","category-economics","tag-central-banks","tag-china","tag-credit-bubble","tag-fed","tag-federal-reserve","tag-global-asset-bubble","tag-the-daily-coin","tag-united-states","tag-us-congress","tag-wolf-richter"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9846","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=9846"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9846\/revisions"}],"predecessor-version":[{"id":9847,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9846\/revisions\/9847"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}