Friday, 13 March 2020

No Way to avoid the coming depression


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)



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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