Next Downturn Underway

Person Holding Blue and Clear Ballpoint Pen

Image Source: Pexels


Financial Sense interviews Merdith Whitney who warns that ‘over 52% of American households already went through a recession’ and that the real economy is far more fragile than headline numbers suggest. She warns that unemployment...

Running Length: 00:25:53


More By This Author:

VP: Europe To Back The US And India's Big Win
Building A Fortress Portfolio: Stable Income In An Unstable World
Debt Downgrade: U.S. Losing Credibility in an Increasingly Multi-Polar World

Advisory services offered through Financial Sense® Advisors, Inc., a registered investment adviser. Securities offered through Financial Sense® Securities, Inc., Member FINRA/SIPC. DBA ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with
Giraffeta37 1 month ago Member's comment
This honestly doesn’t surprise me. When over half the country has already felt like they’ve been through a recession, that says a lot more than whatever the official GDP or unemployment numbers show. Meredith Whitney's take on the fragility of the economy makes sense—people might be working, but wages haven’t kept up, debt’s rising, and prices are still speed stars high. The "headline numbers" don't reflect what most households are really going through. Definitely going to give that interview a listen.