Has The "Debt Reset" Already Begun? The US Dollar Hits A 30 Month Low VS Euro. By Gregory Mannarino
The mainstream media continues to ignore the plunging dollar as it hits a 2.5 year low versus the Euro...
While the plunging dollar is (for now) a stock market supporting factor, it has the potential to turn on a dime.
With people like former Fed. President Alan Greenspan now saying "The Debt Is In A Bubble," the clock is ticking louder for a major Debt Reset-which includes the Dollar as a unit of debt.
Has this "reset" already begun?
With the Dollar continuing to dive along with the flattening yield curve, one could argue that a debt reset has indeed begun.
It is certainly no secret, at least for those of you who follow this blog, that we are existing in a environment of financial extremes. Malinvestment across the spectrum of asset classes now exist because The Federal Reserve has artificially suppressed interest rates for the better part of a decade, creating bubbles to the upside as well as inverse bubbles.
The fact is simple: these distortions which exist across all the markets will correct to fair value at one point and again, one could certainly argue that a "Debt Reset" has already started...
So the question remains, has a debt reset already begun?
What to you think?
Gregory Mannarino @marketreport
Hello Greg! I think we might be at the tip of the iceberg- I trust your instincts and continue to learn a great deal from you. Thank you for helping your lions and lionesses.
Seems countries are loosing trust in the $, so it could go down slow and in case of a panic...fast.
The day the dollar died.
v.good vid.
If that was true I doubt that 30% of all real estate buys in N.Y.C. last quarter would have been Chinese buyers. You guys are making the Chinese look like geniuses. :-) Dollar will be rocking your world soon. If you happen to be long bitcoin, get ready to have your world rocked even sooner than that.
I like the video. Thanks for sharing
Interesting, thank you Greg
Well, I can only wonder if the one's in charge have set themselves up in the positions they want and need to be in to benefit from such a melt down? I suppose the time for the big flush could be now. This seems to have gone on forever. I guess we'll see this fall.......
why peresident say now about this debt is a bubble and really its certainly no secret sir i and ur posts always on dollar finish our many confusions about it @greg sir....i was stollen my paswrd other account therefor i cant comment u yesterday and now start this new and follow u ,follow me my this account..
for our always touch like allways...@shahzaib is my other acount which now closed
Twas Alan Greenspam that said U.S. debt was in a bubble. "Probly" because he wanted to get even on his long term bond short before those bonds started rocketing higher. Greg fell for it. Don't you fall for it too. You want to short this right now? Go ahead ...have at it. But even Alan greenspam is now long. :-)
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=tlt&x=45&y=9&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Greg we would love to see you on one of those Business show's on tv telling it like it really is and seeing the reaction to what you say of the lame main stream media reporters faces it would be awesome to watch as they gasp and we upvoted
Wow greg thats what the real truth media ignore the truth but you really bring a clear picture of dollar to us.
Awesome info greg the media wont tell us the real truth but you really reveals the inside hidden story of dollar it really helps us.
That's a great question Greg. My view is simple, I can't believe it's went on this long but when you can't print money out of thin air and can manipulate and corrupt every financial market, I can see this continuing for quite some time. They can simply make debt more affordable with 40 year mortgages, 10 year auto loans, living wages, the list can go on. It's only going to end when enough people wake the hell up and unfortunately the "zombie apocalypse" as you so aptly called it is alive and well.
I could use a debt reset on my student loans. 😖 But, I'll get them paid off one day.
Hyperinflation will help that along nicely lol