They’re Coming For Your Cash! – 05.11.15

The anticipated rebound is simply not happening. Business activity has risen at a slower pace than expected. The powers-that-be are beginning to panic. This phenomenon is not confined to the United States. Monetary velocity has declined alarmingly. The cost for banks to borrow from each other went negative in euros for the first time ever. I describe what they are planning should there be any hint of a global run on the banking system. You’d do well to listen… Augustin Carstens is a governor of the Bank Of Mexico and he recently gave a speech outlining some of the potential horrors we talk about here on the show. He has ‘gone rogue’. His alarming thoughts are reflected here. A few words on the war-like spirit of America and how dangerous it is becoming to continue to live there. A quick comment on last Friday’s unemployment numbers. The scandal of Apple never having paid any taxes in the U.S. The health of Hispanics born in the U.S. as opposed to those who emigrate to the U.S. No prizes for guessing which demographic is the healthier… Chances in life in the U.S. are not entirely education-based. Other factors play a part.