A Massive Systemic Shock Is Coming & The Fed Is Actively Courting It | Marc Faber
<p>Dr Marc Faber returns to the program to provide his latest macro outlook. Marc is a PhD in economics, author and long-time Editor &amp; Publisher of the Gloom Boom Doom Report.</p> <p>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.</p> <p>Add in short-sighted (incompetent) political decision making &amp; he sees a highly turbulent era ahead. One in which "a lot of people are going to lose a lot of money"</p> <p>Stock, bond, real estate -- all these markets are vulnerable and likely to drop much further from here in Marc's estimation.</p> <p><a href="https://youtu.be/QerC4htj-Po" target="_blank">https://youtu.be/QerC4htj-Po</a></p>
Wealthion - Be Financially Resilient
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Show Notes
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.
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