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It's All About To Crash | David Stockman

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Manage episode 406422741 series 3548516
Kandungan disediakan oleh Adam Taggart | Thoughtful Money. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Adam Taggart | Thoughtful Money atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

To better understand the current economic environment we find ourselves in, it helps to better understand how we ended up here. And few have as detailed an understanding as today's guest, who has been a true insider in both Washington DC and Wall Street for his extremely long & accomplished career. We're fortunate today to speak with former Congressman, economic policymaker & financier, David Stockman. He warns that after decades of profligacy, over increasing our debt 100x since 1970 while only growing our GDP by 25x, we've arrived at a fiscal & monetary "dead end" What does he see ahead? Higher inflation. Recession. Hard times for Main Street. A 50%+ correction for Wall Street. And he expect the pain to last for years because he thinks the Federal Reserve can't ride to the rescue in the same way it has in the past. Follow David at https://www.davidstockmanscontracorner.com/

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #marketcrash #inflation #recession

--- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
  continue reading

125 episod

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Manage episode 406422741 series 3548516
Kandungan disediakan oleh Adam Taggart | Thoughtful Money. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Adam Taggart | Thoughtful Money atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

To better understand the current economic environment we find ourselves in, it helps to better understand how we ended up here. And few have as detailed an understanding as today's guest, who has been a true insider in both Washington DC and Wall Street for his extremely long & accomplished career. We're fortunate today to speak with former Congressman, economic policymaker & financier, David Stockman. He warns that after decades of profligacy, over increasing our debt 100x since 1970 while only growing our GDP by 25x, we've arrived at a fiscal & monetary "dead end" What does he see ahead? Higher inflation. Recession. Hard times for Main Street. A 50%+ correction for Wall Street. And he expect the pain to last for years because he thinks the Federal Reserve can't ride to the rescue in the same way it has in the past. Follow David at https://www.davidstockmanscontracorner.com/

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #marketcrash #inflation #recession

--- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
  continue reading

125 episod

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