Russell Napier: "We are entering a time of financial repression.”

This is a structural call.

“Over the next ten years, I’d forecast something between 4 and 5.5% in terms of the rate of inflation in the developed world. But mind you: The most important part of my forecast is not the inflation rate per se. It’s that interest rates will not be allowed to reflect that rate of inflation

-Russell Napier

When it comes to stepping back and looking at the…