" People cling to this fantasy because they WANT to believe that the easy money party will never end. They are sorely mistaken... Trump continues to set himself up as the perfect scapegoat for a bubble implosion that had to happen eventually anyway. Now, the central banks can sufficiently avoid any blame."
Just hours after NBC News reported that former White House Chief Strategist Steve Bannon met with Special Counsel Robert Mueller and his team multiple times to answer questions for "20 hours" this past week, CNN dropped the first serious bombshell in the investigation.
"In doing so China is effectively lobbing the first shot across the bow of the Petrodollar system, and more importantly, the key support of the USD in the international arena... setting the scene for the petroyuan."
But, until enhanced security becomes something that is truly demanded by both voters and consumers, we won't see much of it. People, apparently prefer what security experts call the "security roller coaster": panic, forget, repeat.