We’re Entering A GLOBAL RECESSION…Will It Be Worse Than 2008?
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Cameron Long
Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.
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WISE Brother! Brother George is BACK!!
We’ve been in one….
Predictive programming: let me circle back on that. We’re heading down the drain, George. btw, nice suit.
Josh good work on editing👍
Thank you, excellent analysis
Thank you , George and Crew…..These Videos are pure “GOLD”……Please Stay on Mission !…….Take Care….
Very informative and easily digestible content for us smooth brains out there. Thanks George ❤😂
If we linked CEOs wages and liabilities to the banks stability, things would be alot better.
🤣
well not just CEO’s theyre employees..prominent shareholders too
At this point if you dont realize the world has been in recession for a long time then you haven’t left your house in a while.
Your blue suit jacket is a great touch😊
I worked for IBM for many years. IBM is more like a mutual fund as they produce a lot of things in a lot of sectors for a lot of companies worldwide. International sales were very important. Also currency exchange. I don’t know how we can lose 30% of the business and not have it affect anything.
I’m sure competitors keep showing up everywhere.
Yes George,
72 hours is the critical number for when stores will be just about out of everything and bad things happen.
If people do not have a deep pantry and all their medicines on hand for 1,2,3 months… We enter the Thunderdome.
Youre mental.
Q
It’s a great 👍 idea 💡
To be a prepper
Have your pantry stocked
Q ❤
Yeah, Everyone will know to flok to you at gunpoint.
Who rule Bartertown?
“Long lines at gas pumps in New York City.”
Wow, good thing all those New Yorkers are patient…
most New Yorkers take the subway
Don’t panic Hispanic! The best strategy is DCA into solid ETFs buy large amounts after every dip! Over time we will be alright!
Trucks will never fully stop in USA because we lack organization skills. Also, government will declare state of emerald require truckers to deliver essentials
I live in the UK, and I feel offended that you drew us as such a small circle.
Thank you! I am feeling that I am being educated better than in univercity and free of charge!
There was a lot of the “everything is great!” just before the wheels fell off in 2008, history seems to be on track for a repeat. I hear people say that housing prices will never go down to pre pandemic prices, those people seem to forget that housing prices were through the roof pre 08 which ended up putting a lot of homeowners upside down due to the loss or equity. Here we are again standing on the cliff with unsustainable housing prices, hold on to your hats, it’s likely going to take 10+ years to regain what could be lost. That’s if people stick around and don’t walk away from the high payments on a house worth a lot less when they bought it.
Hi George, I’ve been a follower of your channel for a long time & I appreciate the points that you made. But the reality is that there is a disconnect between wall street / financial markets / stock market etc for the longest time now. This means that any monetary policy easing will help juice / support / rescue the financial markets immediately while the mechanism to transfer added liquidity to the real economy is practically broken. Thus it is possible that both financial market & real economy (in recession) will continue to diverge for some time. Don’t you think?
Inflation can be a tricky metric, and misleading figures could have significant implications for investors. Consequently, the effect of it on individuals surpasses that of a declining stock or housing market. It directly disturbs their cost of existence, resulting in instant outcomes. It’s not astonishing that a prevailing sense of pessimism fills the current market mood. In this economic setting, genuine guidance becomes indispensable for adeptly navigating and persevering through these demanding situations.
I understand the potential benefits of seeking additional guidance to help me navigate the complexities of the market, which can indeed be quite overwhelming. After selling off a significant portion of my assets, I am now actively in search of advice regarding the most advantageous investment prospects to consider.