43. The fuse has been lit and a global market collapse is coming

  Welcome back to Milkshakes, Markets, Madness. Additional weekly content, including a Monday “Peek at the Week” and a Midweek Update, are available exclusively on the YouTube Channel. If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below. On our website there is an embedded video above and an audio player at the bottom of the page GLOBAL CRASH COUNTDOWN “The flapping of a butterfly’s wings in Brazil, could ultimately lead to a tornado in Texas.” Also known as the butterfly effect, the saying can trace its origins back to a Chinese proverb. The irony is not lost on us, as the tightly interconnected world of global finance seems to be on the cusp of a storm caused by the simultaneous flapping of butterfly wings across every major economy on the globe – but the strongest winds are blowing out of China. In this week’s full-length episode Brent and Jon discuss the shifting of these winds, and the shift of sentiment, as the modern world once again is faced with the reality that you can’t taper a Ponzi. Just like a butterfly smashing into a windshield, the global financial system is heading for a hard landing, but unlike the predictions for a crash made by pundits earlier this year, the countdown towards the next financial crisis appears to have finally started. Learn more on the latest Milkshakes, Markets, Madness Show. https://youtu.be/-CzaTxuC5QE ————————————– SEASON 01, EPISODE 36 ————————————– 00:00 – Title screen 00:03 – Disclaimer 00:05 – Video intro (25 seconds) 00:52 – Shifting sentiment 05:22 – China in the spotlight 07:19 – Macro matters 08:36 – China’s dilemma 11:13 – The Great Re-Opening 12:38 – China real estate (the road to a devaluation of the Yuan) 14:51 – Tapering a Ponzi 16:57 – China’s liquidation event 20:02 – De-dollarization is deleveraging 24:57 – The lag (Alex Gurevich) https://honteinv.com/real-rates-tsunami-has-it-reached-the-coast/ 28:22 – Team transitory 32:49 – Speeding towards the wall 35:10 – Liquidity evaporation (it’s just gone) 41:31 – Hitting the wall 44:50 – Salutations 45:58 – Brent’s Simplify appearance https://youtu.be/fG3BLsIScMQ 47:05 – Outro 47:18 – Disclaimer ——————— LEARN MORE ——————— Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets. If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel,