It Won't be a Recession...it Will be a Depression, Look at History

First a quick update on China and Taiwan. If you want to skip right to the main story go to Chapter 3 at 4:53. Throughout history every time the two year and ten year bond yields inverted (2 year has a higher yield than the 10 year) there has been a recession. This time it will lead to a depression. The recession hit right as the yield curve inverted and the amount of US dept is highest ever. Get ready and buy hard assets.

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0:00 Opening Comments
0:34 China and Taiwan Updates
4:53 2/10 Year Bond Inversion

#bond #yieldcurve #depression

Articles:
https://www.zerohedge.com/markets/taiwan-says-chinas-drills-are-simulating-full-attack-island
https://www.zerohedge.com/geopolitical/which-nations-face-biggest-disruption-chinas-taiwan-trade-blockade
https://www.zerohedge.com/geopolitical/20-total-chinese-taiwan-warships-close-quarters-standoff-strait-drills-wind-down

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