Erik Townsend and Patrick Ceresna welcome Russell Napier to MacroVoices. Erik and Russell discuss:
- Why we should expect a credit crisis
- What countries will be affected by the systemic banking crisis and what are its potential risks
- What to expect for international capital flows
- MMT and “helicopter money”- will it lead to inflation or deflation?
- US duration risk – be prepared for the rules to change
- Implications and ramifications of helicopter money
- Negative interest rates - what to expect
- Outlook on gold
- How to prepare for runaway inflation
- Perspectives on US/China trade war
Download the podcast transcript: [Click Here]
We strongly recommend that you download the chart book that accompanies this episode, as Erik and Patrick will refer to it throughout postgame. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).
Click here to register for access to supporting materials.
Professor Russell Napier is author of The Solid Ground investment report and co-founder of the investment research portal ERIC- www.eri-c.com . Russell has worked in the investment business for thirty years and has been writing global macro strategy for institutional investors since 1995. Russell is author of Anatomy of The Bear: Lessons From Wall Street’s Four Great Bottoms and founder and course director of the Practical History of Financial Markets at The University of Edinburgh. Russell is on the board of two listed investment trusts, a member of the Investment advisory committees of three fund management companies and an advisor to a family office. In 2014 he founded the Library of Mistakes a business and financial history library in Edinburgh. Russell has degrees in law from Queen’s University Belfast and Magdalene College Cambridge is a Fellow of The CFA Society of the UK and is an Honorary Professor at both Heriot-Watt University and The University of Stirling.
