The economy and the financial system increasingly need the sustenance from central banks, without which a…
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:
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