The economy and the financial system increasingly need the sustenance from central banks, without which a…
Tuomas Malinen with Patrick V. via SBTV
SBTV’s first guest of 2021 is Tuomas Malinen, CEO & Chief Economist of GnS Economics. Tuomas warns of the coming global dystopia where the economy and the financial system increasingly need the sustenance from central banks, without which a collapse is certain.
Discussed in this interview:
00:00 Introduction
03:13 Which stage of the collapse are we in now?
06:28 The zombies in banks and companies
09:19 Dystopia when central banks take over everything
16:30 No productivity growth despite monetary stimulus
21:39 What “Not going back to the old economy” really meant
27:23 Fiat currencies on the road to destruction
31:16 Playbook of central banks with digital currencies
36:17 Run for the hills with safe-haven assets