Banks Are in Survival MODE! Prepare For Economic Turmoil!

Hugh Hendry, Founder of Eclectica Macro, comes back to the show to discuss the current state of the economy, including the recession being called from Germany to New Zealand, the turmoil in the markets, and the uncertainty surrounding the Federal Reserve's policies. Furthermore, we discuss quantitative easing and tightening, the banking sector, and alternative investments such as Bitcoin and Treasury Inflation-Protected securities. Hugh predicts that the housing market will experience a distress sale at some point due to the high mortgage rates.

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