Liberty and Finance, Released on 10/8/22
"We're at a very precarious time," says Doomberg, Substack's #1 financial contributor. The U.K.'s financial system nearly melted down as the British pension funds were hours away from collapse, he says. Now, the Bank of Japan's attempt to peg the Yen is failing. A crisis in the Yen could bleed into the financial system in the U.S. North America is blessed with abundant food and energy resources, but "just-in-time" inventory could put the immediate availability of products in question during a shock to the system. "Preparedness starts at home," he notes, stressing that grocery stores have less than a week of food supplies at any given time.
0:00 Intro1:28 EU energy update6:34 Exported inflation9:26 Impact on U.S.18:37 Holding gold21:35 Reserve currency shift25:25 Doomberg's Substack26:36 Miles Franklin
Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity and finance to deliver innovative thinking and clarity to complex problems. Doomberg on Substack: https://doomberg.substack.com.
currency crisis, doomberg, energy crisis, financial crisis, food crisis, gold, inflation
Prepare For BARE Shelves: 3-4 Days & Food Can Be Gone | Doomberg added by Herman James on 10/07/2022View all posts by Herman James ?+'