• Michael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com.
• The duo concur that the US PODUS is attempting improve the position of the domestic economy.
• The EU and related economies may be on the cusp of a new Great Recession.
• The EU enacted QE operations via 20 billion Euros per month to monetize bad debt and neg. yielding debt.
• A stagflationary outcome is inevitable when the true core CPI domestic inflation figure is tabulated.
• The coming economic maelstrom could rival the Great Recession, resembling a new Great Depression.
• One possible scenario includes galloping stagflation culminating with runaway inflation.
• The requisite panacea could trigger an implosion of the global economy in a true deflationary collapse.
• The dialogue includes the potential for a breakdown in key financial market correlation's.
• Decades long primary-trends could reverse in stocks/bonds, neutralizing traditional safe havens.
• Gold and related PMs will likely remain the asset class of choice for wise investors.
• Universal Basic Income is becoming a reality with tests underway worldwide, including Kenya, Canada and Scandinavia including plans for regions in California, where lower income households receive standardized income, typically delivered directly to a bank account with alerts sent directly to mobile phones.

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