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Chris Martenson: "There is a lot of tension in the air. Breaking point is coming."
Paul Buitink talks to economic researcher and futurist Chris Martenson of advisory Peak Prosperity.They talk about the unsustainable monetary system that's based on unlimited growth with finite resources. Chris expects the Fed balance sheet to triple to $20 trillion. Someone will have to eat the losses and it won't be politicians or bankers. The people will pay through higher inflation, which is already visible in for example insurance premiums.The world will deglobalize and different parts of the world will break up. We are reaching peak oil. Europe especially has shot itself in the feet when it comes to resources, having allowed the destruction of Nord Stream.The monetary system is broken and corrupt notes Chris. It's time for more decentralization and resilience and people can start now. Hard assets like gold and silver will flourish.More info about Chris Martenson:https://peakprosperity.com/https://x.com/chrismartensonFollow Paul Buitink on X:https://x.com/paulbuitinkTimestamps:0:00 Intro2:07 Why our debt based money system will fail3:42 How close are we to another crisis7:28 Next crisis? sovereign credit event9:18 Who is going to eat the losses11:21 High inflation on the horizon13:12 Eurozone, EU prospects and gold15:52 Stable coins and CBDC17:38 The resource story, world breaking up in regions19:18 Sensible strategy for Europe24:23 What are trigger points people oversee28:13 How to build resilience31:25 Concrete advice from Chris34:16 Outro
Published on 2 months, 1 week ago