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Bill Fleckenstein: US Dollar, China Bailout, Shorting Stocks Or Not, Fed’s Balance Sheet

Jason Burack, Wall St. For Main St., Released on 4/25/17

During this 20+ minute interview Jason asks Bill questions about a global US Dollar shortage, whether China will have to devalue its currency 20-30% to bailout its state owned banks and municipalities, if he is heavily short a lot of stocks yet, how overvalued the stock market is, if the Fed can reduce its ~$4.5 trillion balance sheet and how the economy on Main St is doing with so many retail stores shutting down in 2017. Bill thinks it’s almost guaranteed that there will be another global financial crisis in the next 2-3 years but that it will be from government debt problems.

Bill Fleckenstein is the President of Fleckenstein Capital and writes a popular column ‘Contrarian Chronicles’ for MSN Money as well as the daily Market Rap column for his website: Fleckenstein Capital. Bill has appeared at one time or another in virtually all financial media including Bloomberg, CNBC, The New York Times, MSN, Marketwatch, Barron’s and more. Bill is a highly sought after speaker, successful author of Greenspan’s Bubbles: The Age of Ignorance at the Federal Reserve and has been in the financial sector for over 25 years.

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