Adams and North are back.
The past two weeks, Adams has been hosting seminars in Adelaide and Newcastle and they have been sold out events. The next seminar as part of his national road show will be in his home town of Wollongong on 18 August 2022 at City Diggers! https://www.eventbrite.com.au/e/staying-free-in-a-dangerous-world-australia-is-sailing-into-the-abyss-tickets-390438260347
The event is selling out fast and we have local celebrity and commercial radio announcer Maje Saba coming to MC the event. A link to the tickets can be found in the YouTube links.
Adams is intending to go to other parts of Australia in the weeks/months to come.
The economic establishment who in 2019 said there is no problem with debt and there was no debt bubble are now saying that they are concerned with rising interest rates to respond to inflation.
Christopher Joye knows that the house of cards can come down and this is why he is jumping up and down about aggressive rising interest rates. At the end of the day, Adams has been more correct about the dangers of debt, the impact of stimulus and the role that Australia’s foreign debt would have.
Choosing between protecting the debt or saving the Australian dollar is rapidly becoming a major decision point for Australian policy makes.
Christopher Joye dismissed my concerns as an expert in search of a headline! 3 years on and now Christopher Joye has changed its tune.
Last week, Joye wrote an extraordinary article calling the RBA “Inflation Nutters”! That they are raising rates too aggressively.
In this YouTube post ( https://www.youtube.com/watch?v=bOmV3QxunWU ) in the comments you invited me to share more of my thoughts. So, I’ll be using this old post here on the DFA blog to share my thoughts.
Topic: CPI.
Suggestion:
Invite Mr. John Williams of Shadowstats.com to one of your next videos here on the blog. Williams has disected how the US government has gradually skewed the CPI calculations. He is able to detail the history of skewing the CPI data and how that has an impact of the REAL GDP.
Source: http://www.shadowstats.com/