TOLD YOU! SOARING INFLATION & TOO MUCH MONEY PRINTING! What's Ahead? We listen to the analysis of Wall Street experts VIKTOR SHVETS & DICK BOVE to make $cents of it

Viktor Shvets' medicine for overcoming our greatest financial challenge in decades - record global debt - is daring and controversial: Forget about repaying the massive bill of as much as $500 trillion since this would lead inevitably to a collapse in asset prices, he says, from homes to 401(k) pension plans. The global economy is wedded to technology and "financialization" of everything from mortgages to esoteric corporate and consumer loans. The idea of old-fashioned lending practices with simpler pieces of notes and clear cut lenders is a dim memory. Loans today have been financialized with every part - from principle to interest - sliced and diced and sold off to multiple investors and traders. Viktor Shvets' ideas will have many skeptics and critics, including the host of this podcast, since the real price to be paid could be surrendering our personal sovereignty to state governments as the new path to "freedom." But Shvets sees a future that can't be easily dismissed as a wild dream. For that reason, his new book is a fascinating study. Imagine that by the 2040s, Harvard College is shuttered, its hallowed halls impenetrably overgrown with miles of vines — closed for lack of demand in Ivy-League education. It’s just one jarring possibility suggested in Viktor Shvets’ thought-provoking deep-dive into the challenges facing today’s world: The Great Rupture – Three Empires, Four Turning points and the Future of Humanity – Do we need to be free? (Publisher: Boyle & Dalton.) “The lessons of the last five centuries were unequivocal — without freedom, there could be no prosperity or happiness. However, does this still hold true in the Information Age?” Shvets asks. Dick Bove is the chief financial strategist at Odeon Capital Group and covers the bank sector. He is among the most prominent bank industry analysts in the US, often controversial, with a keen and practical sense of history and of events that are often translated into his analysis. Bove attended Stuyvesant High, N.Y., and is a graduate of Columbia University, 1962, majoring in political science. Bove began his career in 1965, working for a series of firms including Wertheim, Shearson, Raymond James, Hoefer & Arnett and Punk Ziegel, before it was purchased by Ladenburg Thalmann. Later, Bove joined Rochdale Securities and then eventually moved to Odeon Capital. A widely quoted analyst with some five decades of experience behind him, Bove relies on common sense and macroeconomic trends to forecast markets.  He appears regularly on business shows on TV and radio, and is frequently cited in media coverage of Wall Street. Odeon Capital Group: www.odeoncap.com --- Support this podcast: https://podcasters.spotify.com/pod/show/john-aidan-byrne0/support