Wall Street’s $620 Billion Crisis - Recession, Gold, And What’s Coming Next
Image source: Pixabay
Economist, financial expert, and bestselling author Dr. Nomi Prins sits down with James Connor and dives deep into the economic storm clouds she sees gathering over Wall Street and Main Street alike. With Wall Street sitting on a “hidden” $620 billion ticking time bomb of loan losses (levels not seen since 2008), the risks of another banking crisis are mounting. Nomi explains why persistent inflation, record consumer debt, and tariff uncertainties are increasing the threat of a consumer recession, putting the economy at significant risk of stagflation. She reveals how the Fed’s next moves, with potentially deeper interest rate cuts, could reshape markets dramatically.
Video Length: 00:40:39
More By This Author:
Europe Is Committing Economic Suicide
Tech Stocks At Critical Juncture
Global Liquidity Near Its Peak In Markets