72 min listen
It's All About To Crash | David Stockman
It's All About To Crash | David Stockman
ratings:
Length:
106 minutes
Released:
Mar 14, 2024
Format:
Podcast episode
Description
To better understand the current economic environment we find ourselves in, it helps to better understand how we ended up here.
And few have as detailed an understanding as today's guest, who has been a true insider in both Washington DC and Wall Street for his extremely long & accomplished career.
We're fortunate today to speak with former Congressman, economic policymaker & financier, David Stockman.
He warns that after decades of profligacy, over increasing our debt 100x since 1970 while only growing our GDP by 25x, we've arrived at a fiscal & monetary "dead end"
What does he see ahead?
Higher inflation. Recession. Hard times for Main Street. A 50%+ correction for Wall Street.
And he expect the pain to last for years because he thinks the Federal Reserve can't ride to the rescue in the same way it has in the past.
Follow David at https://www.davidstockmanscontracorner.com/
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#marketcrash #inflation #recession
And few have as detailed an understanding as today's guest, who has been a true insider in both Washington DC and Wall Street for his extremely long & accomplished career.
We're fortunate today to speak with former Congressman, economic policymaker & financier, David Stockman.
He warns that after decades of profligacy, over increasing our debt 100x since 1970 while only growing our GDP by 25x, we've arrived at a fiscal & monetary "dead end"
What does he see ahead?
Higher inflation. Recession. Hard times for Main Street. A 50%+ correction for Wall Street.
And he expect the pain to last for years because he thinks the Federal Reserve can't ride to the rescue in the same way it has in the past.
Follow David at https://www.davidstockmanscontracorner.com/
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#marketcrash #inflation #recession
Released:
Mar 14, 2024
Format:
Podcast episode
Titles in the series (100)
Nobel Prize-Winning Economist Sees Era Of "Permacrisis" Ahead | Michael Spence (w/ Adam Taggart) by Thoughtful Money with Adam Taggart