Intensive Government management of our economy cannot solve the problems we have. There are too many variables involved. Massive debt problems, commodity prices, currency values, the actions of Governments at all three levels, International Government actions. They’ve all led to untenable derivative positions and banking system problems could trigger a significant liquidation panic at any time.

…Martin Armstrong on: Sovereign Debt Crisis – Banking Crisis – Derivative Clearinghouse Risk

Featured guest John Johnson  has had such a terrific track record with the CDN Dollar and the economy. Chief Strategist of of Davis Rea, John sees the next 2 weeks when market volumes pick up from the summer doldrums as critical in determining whether the stock market can move higher. Views the bond market as not capable of producing the returns investors need. Overall he is on the pessimistic side.

….Michael Campbell on: Complexity Failure Crisis & Panic