Before we get going, here's the bit where I remind you that nothing we discussed during the end game should be considered as investment advice.

This conversation is for informational and hopefully entertainment purposes only.

So, while we hope you find it both informative and

entertaining, please do your own research or speak to a financial advisor before

putting a dime of your money into these crazy markets. And now on with the show. Well, welcome everybody, to another episode of the end game.

Joining me as always, my partner in in crime Bill Fleckenstein.

Hello mate happy to be here with you today and hopefully this will be an interesting conversation we're about to have.

I would be shocked if it wasn't given who our guest is and that is for those you

who don't know I don't know how you would because you would have seen him on the

title of the podcast but the great Felix Zulauf is going to be joining us shortly

and Felix is to my mind one of the best macro

thinkers in the world and he's been around for a long time he was a member of the

Barron's roundtable and he has his own consulting firm out of Switzerland and if you if you

haven't checked his work out please please do so Felix Zulaf.com.

Bill as I said I've spent many hours talking to Felix in the past and every time I do, I come

away with a wealth of new things to think about and new ways to think about things that I thought I already understood.

So I'm really looking forward to this conversation today.

Me too. Well, why don't we just bring him in? What do you say?

Well, Felix, welcome to the podcast. So good to see you see again it's been a while my friend

my pleasure thank you very much for having me on your podcast it's it's a it's a very

different world to the one you and I kind of were looking at the last time we had a chance to chat.

And really what Bill and I are trying to understand is while the world outside finance is very, very different.

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