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The Credit Bust is Here -- Gordon T. Long #5809

The Credit Bust is Here -- Gordon T. Long #5809

FromKerry Lutz's--Financial Survival Network


The Credit Bust is Here -- Gordon T. Long #5809

FromKerry Lutz's--Financial Survival Network

ratings:
Length:
32 minutes
Released:
May 16, 2023
Format:
Podcast episode

Description

Gordon T. Long believes that the banking system is in an extinction event and that the Fed's reduction of interest rates may initially create excitement, but will eventually break down. He also believes that the dollar is currently a safe haven, but that risk premiums on bonds will push interest rates up to 4%, and that the Fed is trying to buy time to prevent a hard landing recession. Gordon T. Long discussed the potential of artificial intelligence and the potential for job losses due to automation. He also discussed the potential for new technologies to come from other countries, and the need for America to invest in new technologies to remain competitive. He also discussed the potential for AI to be used for academic dishonesty and the need for self-awareness in AI for it to be truly useful. Gordon's site: https://matasii.com Visit us at: https://FinancialSurvivalNetwork.com  
Released:
May 16, 2023
Format:
Podcast episode

Titles in the series (100)

The Financial Survival Network is dedicated to helping you build your financial fortress so that you can survive and thrive in the new economy. It's all about what's next!