Part 1 - Is Economic Disaster About to Hit & Are You Prepared?
Thanks for having Dr. Richard Wolff on regularly. I've been watching the economy more closely since 2007, and presently read several investor types on line that I find mostly thru Max Keiser, who I watch regularly. I'm never quite sure if these guys actually know what they are talking about, or are just hype. Today (1/2/20) I listened to Dr. Wolff in the car with my wife, and he basically confirmed my understanding of the coming crisis. It was great for my wife to hear this as I've been talking about it with her but she hears so many conflicting stories about how great the economy is in the media, that I sometimes feel foolish even mentioning it. I'm a novice concerning the economy, and certainly no investor, but I know bad times are ahead. I remember doing some rough calculations in my head concerning the equity we have in our home, BEFORE the crisis of 07-08 hit, and so know that the warning signs then were ignored and distorted by the media and especially the Republicon bankers. I don't doubt that it's all happening again, with the crisis now being delayed by the Fed until after the elections. W Bush missed the target by a few months. I'm hoping Trump will do no better (not that I'm rooting for the crisis, I just don't see a way to avoid it).
Thanks again for all you do,
On today's (2019-12-04) YouTube, display blacked-out with "This video has been removed for violating YouTube's Terms of Service"! WTF? Thom's show? Naaahhh!