“At some point central banks will get what they deserve.” – Charles Biderman

I like Charles Biderman. He looks at how money is flowing around the world and makes moves based on the information he gleans from these flows. His approach to investing is very interesting.

He also has a tendency to discuss economic matters in blunt terms, which make his videos fun to watch.

Below he gives the investing public a good ole’ dose of reality. Yes, central banks are powerful, very powerful. But they are not all powerful. One day the reckoning will come. He thinks we may be approaching a major correction which will challenge 2009 lows.