Mish Shedlock: Next Stock Crash Will Destroy Pension Funds?

Wall St. For Main St., Released on 8/17/18

During this 35+ minute interview, Jason asks Mish what he thinks are the most important things going on in the global economy that people should pay attention to for the rest of 2018. Mish highlights how emerging markets are starting to break down because of a stronger US Dollar and rate hikes in the US.

Mish’s new blog article on rapidly increasing individual US state pension funds: moneymaven.io/mishtalk/econom…

Mish admits that he’s been surprised how long credit bubbles and asset bubbles have gone on since central banks started QE. Jason and Mish also talk about how asset price inflation instead of consumer price inflation has been more evident since the 2008 financial crisis and then the subsequent bailouts and QE started by central banks. Mish still believes that there will be some really bad deflation including a credit bust and asset prices crashing but he doesn’t know the timing and for how long it will last.

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