“The Economy Is Going Bust…” – Michael Pento
Michael Pento, president and founder of Pento Portfolio Strategies (PPS), warns of a coming “grand reconciliation” where credit, stock, and real estate bubbles will burst. He argues the US debt is unsustainable, with the next recession triggering $4-6 trillion annual deficits.
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CREDIT:
Michael Pento Twitter
https://twitter.com/michaelpento
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17 Comments
Stagflation. Every F ing GOPunk President since Hoover has had a Recession all of them including Trumpy 1
Argentina part deux
. . . I was shocked to find so many professional advisors not knowing half of what you speak of Michael . . . How ? . . . T/C/E
Economy is going to bust in this case Michael you should heavily on puts & sell all your stocks. Are you going to？
I wish seeing the mortgage up to the point it should be 10+%
best to get OUT of the market now or lose your underwear —
The us owes in debt interest OWED to China 800 Billion a Day – what do you think
Is the carry-trade still on?😮
Oh inflation. That’s good. Inflate the debt away
What did Bernake say. Fed will just buy long bonds.
We have been hearing this for the past several years
The American electorate of morons is getting what it deserves.
We just don't HATE both parties of Congress enough. Therefore, I'm all in on gold.
Thank you for your videos…. But the current unprecedented global economy remains challenging, with central banks maintaining higher interest rates to combat inflation, creating tighter lending conditions and slowing consumer and corporate spending. This environment is pressuring sectors like housing, retail, and stocks, while rising unemployment remains a concern. Diversified portfolios, including stocks and alternative assets like cryptocurrencies, are essential for managing risk and volatility, alongside balanced trading strategies. Personally, I’ve grown my portfolio from $130k to $732k in just a few months, thanks to Elric Jorven exceptional expertise and traditional trading acumen, which have been invaluable in navigating this ever-evolving market…
How many times have we heard that? 😂😂😂😂
People on the street who are supposed to be voters have no idea they are going to get screwed.
international conference for stronger currencies and US dollar around world to lower inflation and grow economies
negative rates only in the USA, we never got close to negative rates.