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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".
So what does he see ahead?
Higher inflation. Recession. Hard times for Main Street. A 50%+ correction for Wall Street.
And he expects the pain to last for years because he predicts the Federal Reserve can't ride to the rescue in the same way it has in the past.
To learn all about what David sees ahead, click here or on the image below:
REMINDER: Thoughtful Money’s conference on 3.16.24 is now just TWO days away — so register now!!
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