Denial Runs Deep From Wall Street To Bitcoin – Ep 43

Released Thursday, 15th January 2015
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Dow down 600 points in between Tuesday high and Wednesday low
Stock market and real estate are pillars of the phony recovery
Loose government lending standards encouraging mortgage defaults
Dollar down and gold up on low retail sales numbers
Fed not likely to sit out a U.S. recession, trading support for Wall Street over the dollar
The next QE could be bearish for bonds and the dollar
Demise of the recovery illusion will also hurt stocks
Bitcoins down on more bad news
Price does matter as investors seek value
Irredeemable digital currencies will never be money

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33m 1s

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