The Consumer Is Starting To Fail, Increasing Recession Risk

In this special report:

Right now, the world’s focus is on how hot inflation is running right now. And that’s completely understandable.

But in terms of where we should be placing our concern, we may be getting distracted from the true threat. Which, hard as it may be to believe right now, is much more on the deflationary side of things.

But there’s a concept you haven’t heard them mention yet, called “debt saturation”.

I was first introduced to this concept over a decade ago by my good friend Charles Hugh Smith who runs the excellent website OfTwoMinds.com. Debt saturation was a significant factor in triggering the 2008 Global Financial Crisis, and now once again, it looks poised to potentially pull today’s economy into recession within the year ahead.

Source:
https://goldsilver.com/blog/the-consumer-is-starting-to-fail-increasing-recession-risk-wealthion/

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