America's Largest Bank Warns of INCOMING Economic Depression

2 years ago
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We have seen many changes to our economy over the last decade however no change was as bizarre as the changes we have seen over the last two years with quantitative easing - we filled the entire economy with an extreme sum of liquidity and cash all of which was pumped into increased asset evaluations whether it be stocks, real estate and property, crypto, NFT's and more. This issued a large level of confidence from investors about the endless potential and money that could be made in these investments.

However now we are entering an era of QT (quantitative tightening) where the fed intends to reduce their balance sheet $45 Billion per month and head us to $95 billion per month by September.

When we remove that much money from the feds balance sheet and banks start stepping into the eye of the storm we will see a major pull back in available loans and we will likely see businesses issue hiring freezes, we will see less house and home mortgages, we will see less speculation in the real estate and housing market as well as stocks and bonds.

I believe we could even see more of a rush towards hard assets such as gold and silver.

We will likely see many hard lessons learned by investors and we will see a world of change upon us in the economy. We are entering an Economic Depression.

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