We’re in Great Financial Danger: Get Ready for a Recession to Hit by December
"I think we are at great danger... and you look at what's going on geopolitically… We could have a massive blowup,” says David Tice, senior advisor for the Ranger Equity Bear ETF (HDGE). David contends that the instability in the economy combined with today's elevated geopolitical tensions could lead to a major conflict at some point down the road. He also believes that a recession is inevitable before year-end once the impact of the Federal Reserve's interest-rate hikes settles into the economy. David says, "I think the consensus has gotten a soft landing. I think that's ridiculous. What we're talking about is lag between tightening and an eventual recession. But a recession is coming.... And it's going to be here by the end of the year."
#stockmarket #investing #finance
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Chapters:
00:00 Upcoming crash
3:54 World War III
7:19 Gold suppression
10:01 Grid down, Power up
12:37 U.S. grids
14:00 The grid going down in America
17:43 David’s film
18:25 bitcoin
19:23 conclusion
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