If there is one thing a government — any government — wants, it is the continuation of the status quo.
Throughout history we’ve seen politicians throw trillions of dollars at a variety of problems, in an effort to buy more time so that the gig doesn’t unravel on their watch.
I mention this because James Dale Davidson and I see that this is taking place today in Greece and China. And as JDD concludes, it’s bound to put these countries in quite the predicament.
We also discuss:
- The truth about the June unemployment report.
- The clash between Germany and Greece.
- The clumsy actions of the Chinese government.
To listen to this week’s call, click here.
If you’d rather read a written transcript of the recording, go here.
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Have a great weekend!
Charles Del Valle
Editor, Strategic Investment