Charles
Nenner - No Way to
Avoid Coming Depression
Greg
Hunter
Does
it get worse before it get’s better? Nenner says, “I think we
are heading for a depression. Usually we go into a recession at a 6%
GDP. Now, we have 1.5% to 2% GDP. Usually, the Fed Funds are 6%, 7%
or 8%. Now they are almost zero. What are they going to do when we
get a recession? You get very fast a negative GDP. You get very
fast a negative interest rate and it’s a big mess. This has been
going on for many, many nice years and all the Fed presidents had
tricks and let it go. They did not want to have a depression in
their lifetime like the 1930’s. So they kept it going and now
there is no way out anymore.”
So,
there is no avoiding a depression? Nenner says, “Yep, and it is
going to be very bad.”
Join
Greg Hunter of USAWatchdog.com as he goes One-0n-One with market
renowned Cycle expert Charles Nenner.
Coronavirus
+ Market
Meltdown: An Unfolding
Crisis Like No Other (Steen
Jakobsen & Chris Martenson)
Meltdown: An Unfolding
Crisis Like No Other (Steen
Jakobsen & Chris Martenson)
Given
the extraordinary and historic meltdown underway in the markets,
we've just recorded interviews with two of the most prominent
financial experts we know to make sense of what's happening, and
what's most likely to come next.
John
Hussman is famous for his accurate predictions of both the 2001 and
2008 stock market crises, on which he made tremendous returns for
investors. John makes very few public appearances -- this is his
first media interview in years.
Peak
Prosperity
Given
the extraordinary and historic meltdown underway in the markets,
we've just recorded interviews with two of the most prominent
financial experts we know to make sense of what's happening, and
what's most likely to come next.
Steen
Jakobsen is the Chief Investment officer of Saxo Bank. His macro
market and political outlook are in high demand, making him a regular
(though often contrarian) on major media such as CNBC and Bloomberg
News.
John
Hussman is famous for his accurate predictions of both the 2001 and
2008 stock market crises, on which he made tremendous returns for
investors. John makes very few public appearances -- this is his
first media interview in years.
Both
have been warning of the structural excesses and instabilities in
both the global economy and financial markets that set the stage for
the current breakdown we're witnessing.
That
said, they remain extremely concerned that the carnage that has
started is far from over.
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