Grant Williams DOES NOT Mince Words: “Cryptocurrency IS A BUBBLE”

Grant Williams breaks down the world economy like no analyst can. There’s the US dollar, China, cryptocurrency, and gold, and Grant’s only getting started. Grant says that¬†Bitcoin and the cryptos have ALL THE SIGNS of a SPECULATIVE BUBBLE.

Grant Williams interviewed on Wall St for Main St

During this 30+ minute wide ranging interview, Jason starts off by asking Grant about his views on the global economy because he travels all over the globe so often?

Grant talks about how larger developed economies will be slogged down with a lot of debt for a long time and how 2% growth (using government numbers) is the best case scenario for a new normal going forward.

Grant also talks about how central banks (and not free market capitalism) have exacerbated the wealth gap and wealth inequality between rich and poor.

Jason also asks Grant about China’s economy and their non performing loan (NPL) and credit growth and banking crisis that Kyle Bass recently highlighted at length on a new Real Vision TV interview, the massive leveraged short volatility trade, Bitcoin (Grant thinks Bitcoin is an enormous bubble), if China wants a gold standard, if the Federal Reserve can successfully execute its balance sheet reduction and other interesting topics.