The Silent Depression and The Reality of Our Economy | Angel Research Podcast Ep. 60
There has been a lot of comparing today's economic climate to the Great Depression. Are we in the middle of a silent depression? Christian DeHaemer returns to the Angel Research Podcast to compare the data from now and then to see if times are as bad as people are saying.
In addition to discussing the current state of the economy, Christian discovered something VERY interesting about Microsoft (MSFT) and the tech sector. Tune in now!
On November 1st, the US government will declare the Dollar "Illegal Tender." Here is what investors are doing to protect themselves: https://secure2.angelpub.com/o/web/601425
Want to take your wealth journey into your own hands and have Wall Street at your feet? Take advantage of our FREE Report - Why You Need to Fire Your Money Manager right here: https://secure2.wealthdaily.com/o/op/589587
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Podcast Chapters:
00:00 Introduction
00:52 Are We in a Silent Depression?
01:58 Comparing the Data Between Now and the Great Depression
07:18 The State of Inflation and Interest Rates
12:15 "It's Different This Time" - A Population and Demographic Shift
16:12 Draining the SPR to Control Oil Prices
18:04 Big Themes Going into the End of the Year
20:08 Closing Thoughts - Sell MSFT, Buy India
Disclaimer: We do not provide personal investment advice. Forward-looking statements and projections are subject to change and may be inaccurate. All investing carries risk. Be smart out there. And good luck.
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