25 min listen
A Massive Systemic Shock Is Coming & The Fed Is Actively Courting It | Marc Faber
A Massive Systemic Shock Is Coming & The Fed Is Actively Courting It | Marc Faber
ratings:
Length:
63 minutes
Released:
Oct 13, 2022
Format:
Podcast episode
Description
Dr Marc Faber returns to the program to provide his latest macro outlook. Marc is a PhD in economics, author and long-time Editor & Publisher of the Gloom Boom Doom Report.
It's quite pessimistic, as Marc sees the combination of 'too much debt', asset bubbles, a moribund global economy, and smoldering social unrest resulting from historic levels of wealth inequality serve as a pressure cooker that will break badly somewhere in the system.
Add in short-sighted (incompetent) political decision making & he sees a highly turbulent era ahead. One in which "a lot of people are going to lose a lot of money"
Stock, bond, real estate -- all these markets are vulnerable and likely to drop much further from here in Marc's estimation.
https://youtu.be/QerC4htj-Po
It's quite pessimistic, as Marc sees the combination of 'too much debt', asset bubbles, a moribund global economy, and smoldering social unrest resulting from historic levels of wealth inequality serve as a pressure cooker that will break badly somewhere in the system.
Add in short-sighted (incompetent) political decision making & he sees a highly turbulent era ahead. One in which "a lot of people are going to lose a lot of money"
Stock, bond, real estate -- all these markets are vulnerable and likely to drop much further from here in Marc's estimation.
https://youtu.be/QerC4htj-Po
Released:
Oct 13, 2022
Format:
Podcast episode
Titles in the series (100)
Legendary Investor Jim Rogers Warns Of Great Depression 2.0 by Wealthion - Be Financially Resilient