John Rubino joined us for our Monday chat. Looks like the US economic juggernaut is coming to an abrupt hault. The fracking boom has fracked out and with it the one bright spot in the US economy. There’s really not much picking up the slack. With the Euro plunge and other currencies doing the same, US goods have gotten much more costly around the globe. This is leading to decreased exports and decreased economic activity, a la the reignition of the currency wars. How far can QE be when the US Dollar index breaks 100?
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