When Credit Cycles Blow Up, They’re Really Destructive [Video]

Martenson Greg Hunter – Futurist and economic researcher Chris Martenson says we are not at the end of a business cycle but “. . . at the end of a credit cycle.” Martenson warns, “Here’s why people need to be concerned.

Credit cycles, when they blow up, are really, really destructive. 2008 to 2009 was very destructive. Instead of realizing the error of their ways, they went for a third.  This is the most comprehensive credit cycle that we have seen.

Remember, bubbles have two things that they need. Number one, a good story that people can believe in and, of course, it’s a false story. Number two, ample credit. That’s what the Fed and central banks of Japan and Europe have done. They just flooded the world with credit. Now, we have bubbles everywhere. When these burst, it will be the worst bursting in anybody’s lifetime because we have never seen anything like this.”

https://youtu.be/M4gAAUBPRlE

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You Can Look Stupid Now or Look Stupid Later [w/ Video]

Greg Hunter – Resource analyst and futurist Chris Martenson says, “I’d rather look stupid now than look stupid later.” Martenson thinks the stock market rise since the last crash is mostly manufactured by central banks.  Martenson explains, “What in the heck is going on is real simple.  We have central banks who have now taken over everything in the markets.  Let’s be clear, markets go up when they are really well supplied with liquidity.  We have $200 billion or more a month coming into these markets  . . . these central banks are dumping $200 billion, sometimes as much as $250 billion a month into the markets.”

https://youtu.be/X4gAe3vAM4Y

Martenson thinks what the central bankers are doing will not go on forever. Martenson contends, “The mantra of the entire system in D.C. and Wall Street has been let’s just borrow more.  Let’s just kick the can down the road.  I don’t know when that ends or when that breaks, but it’s mathematically impossible that this all gets paid off at this point.

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