Why keep an eye on the global economy? Well, while close attention to our personal finances is important for thinking men or women, it is also necessary to occasionally zoom out and clock the bigger picture. By doing this we make it possible to foresee probable outcomes and their implications on our personal wealth. It is only by being able to this that we can plan, prepare and invest accordingly. This is why I recommend taking a periodic look at the global economy.
In this week’s Podcast episode, Rob Kirby of kirbyanlytics.com returns to the show to share his perspective on what is happening in the global economy. He reports on the ever-increasing strain on our current global monetary system and the increasing need for change. And he reveals some key information we all need to be aware of.
The political influence
There are moves behind the scenes (and off the radar of the mainstream media) to create a new world monetary system. There are no prizes for guessing that the established vested interests are against this because it would derail the gravy train they have enjoyed for many decades. The so-called ‘deep state’ is a phrase used to refer to the entrenched government beneath the thin veneer of any freshly elected administration arriving with a new agenda. The ‘deep state’ is the hidden government that consists of career bureaucrats and their controllers in the hidden seats of power and influence.
The mainstream view of the deep state is that it is just an invention used by Donal Trump to take the blame for any and all attempts to thwart his progress into better relations with the Russians and the Chinese as well as domestic goals. Trump appears to be fighting battles on many fronts including inside his own government. But at least in the aftermath of the Mueller report, he has some breathing space. Rob Kirby gives us an update on all of this including precious metals. Most importantly he reminds us of ways in which we can plan our affairs to insulate ourselves from the coming wealth transfer.
I hope you enjoy the interview.