Could the government prop up the stock market indefinitely?
I mean, they may take another couple more bites out of interest rates this year… there’s also talk of QE coming to Australia. Whatever you need to do to keep the party going, right?
‘Not this time’, says Rum Rebellion co-conspirator Vern Gowdie.
Central banks are still reacting to the events of 2007 and 2008, says Vern. They are effectively pumping the global economy full of steroids, completely blind to the possibility that this strategy will, sooner or later, lead to organ failure.
According to Vern, there will be a major crash (maybe soon)…and after that, we may see indefinite money printing. Which, of course, is good news for you — IF you follow Vern’s advice and cash out in time for the recovery!
Vern expands on this very point in today’s video, the second in our five-part series, leading to the publication of Vern’s new and important research report on the perilous state of the Australian market at the start of this new decade. You can expect to see that next Wednesday.
Click the thumbnail below to watch today’s clip, titled: ‘Could the Government Prop up the Economy Indefinitely?’
And for more from Vern, read on…
PS: There’s a BIG surprise coming for the AUD in 2020. Click here to find out what it is (free report).