A Biden Presidency Will Mean A Faster US Collapse

Authored by Brandon Smith via Alt-Market.us,

The election of 2020 is perhaps the most bizarre affair in modern American history; not since the post Civil War turmoil of reconstruction and the election of 1876 have we seen the nation divided so completely along ideological lines. Questions of states rights vs. federal power were at the forefront at that time, and the presence of federal troops in the American south was a primary voting concern. The Democrats were the party of the Confederacy, the Republicans were the party of the Union. Though they had lost the war, southerners were finding ways to strike back during the elections.

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Doug Casey on the Coming Bond and Real Estate Collapse and Where the Next Bubble Will Be

Via International Man

Bond and Real Estate Collapse

International Man: The bond super bubble continues to get bigger. Interest rates seem to be headed even lower from here. Is this the blow-off top in the bond market?

What do you think will cause central banks to lose control and for interest rates to head higher?

Doug Casey: Even with the Fed bailing out major institutions—which it will continue to do, just like back in 2008–2009—the fundamentals underlying many businesses are so bad that a lot of them are going to collapse. I’m not just talking about the obvious candidates—retail, restaurants, airlines—but across the board.

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Complex Systems Collide, Markets Crash

Authored by James Rickards via The Daily Reckoning,

At some point, systems flip from being complicated, which is a challenge to manage, to being complex. Complexity is more than a challenge because it opens the door to all kinds of unexpected crashes and events.

Their behavior cannot be reduced to their component parts. It’s as if they take on a life of their own.

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$5 Trillion Wiped Out From World Stocks Amid Fastest Collapse In History

Via ZeroHedge

MSCI World Stocks collapsed from a record high into ‘correction’ in just five days.

The plunge in global equities has wiped out more than $5 trillion in value, or equivalent to nearly Japan’s annual GDP. 

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