A Massive Systemic Shock Is Coming & The Fed Is Actively Courting It | Marc Faber
Wealthion - Be Financially Resilient - A podcast by Wealthion
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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 Learn more about your ad choices. Visit megaphone.fm/adchoices
