A Global Depression By 2025? | Trade Expert Simon Hunt Predicts That's Inevitable
CONCERNED ABOUT SIMON'S ECONOMIC OUTLOOK? Schedule your free portfolio review with Wealthion's endorsed financial advisors at https://www.wealthion.com
Today we hear from Simon Hunt, one of the world's foremost experts on the copper industry.
When Simon first appeared on this program back in March, he forecasted that extremely volatile times lay ahead that will be punctuated by fierce rallies & sharp declines -- with the overall trend moving from stagflation to deflation.
This seems to indeed be the script playing out here in 2022.
He also told us that by 2025, Simon sees a good chance the massive pile of $trillions in global unserviceable debt will go into default, resulting in an immensely painful economic crisis.
Given that half a year has gone by, we thought we'd check in with Simon to see how his forecast is changing, if at all.
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At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.
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#depression #russia #recession
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
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