In the 1970s, when Paul Volcker was cranking up interest rates to kill off inflation, he could do that because the size of the federal debt was only about 30% of the GDP at the time. Today, the federal debt is about 130% of GDP. No matter what Jerome Powell’s intentions are, even if he…
Read MoreBy the time this recession/depression is over, which could be 3-5 years from now, the industrials will be below 5,000. That’s how bad it’s going to be as this thing deepens. And the S&P will be finding itself back down below 600. The forecast for stocks from this week’s guest, Dr. Robert McHugh. Join your…
Read MoreInterest rates going to be high in and inflation could last for the next 30 years. Incredible as it sounds, that’s the forecast from our guest this week, Dr. Charles Nenner, renowned expert in the psychology of cycles. Your host, Dennis Tubbergen, talks with Dr. Nenner not only about his forecasts for commodities, but also…
Read MoreWe have experienced the greatest financial bubble in history. Total financial assets in the world today are almost seven times, GDP at 95 trillion, it’s about $660 trillion in financial assets. Our guest this week on Retirement Lifestyle Advocates radio, Mr. Harry Dent says yes, we are in a recession, and it’s going to get…
Read MoreThe stock market today, at 170% of GDP, is not in any regard reflective of the underlying conditions of global central banks tightening into a worldwide recession. This statement from Michael Pento, our guest this week on Retirement Lifestyle Advocates radio. Your host, Dennis Tubbergen, talks with Pento about the comparison of today’s equities market…
Read MoreThe Biden administration is bragging about all the great new jobs that are being created. However, when you compare that to the labor participation rates and worker population ratios, what you see is a dramatic fall in the sheer number of people who are working, or in the job market at all. Our guest this…
Read MoreThe central banks themselves are in trouble. The crisis that we now face is potentially a lot more severe than anything we have seen since the Wall Street crash in 1929 to 1932, and the aftermath of that in the 1930s. A quite sobering statement from our guest this week, Mr. Alasdair Macleod. Your host…
Read MoreThe markets are down over 20 percent this year, but it’s only the beginning according to our guest this week on Retirement Lifestyle Advocates radio, Mr. Michael Oliver. “We’re talking about a 12-year plus bull market that went vertical on the S&P, sevenfold increase due to monetary policy and credit, and a 16-fold increase in…
Read MoreI think we’re going to have a lot of economic weakness now. But nothing as severe as the subprime mortgage collapse that we saw in 2008. That’s the forecast from this week’s guest on Retirement Lifestyle Advocates radio, Dr. A. Gary Shilling. Your host Dennis Tubbergen talks with Dr. Shilling about what he believes is…
Read MoreHistorically, residential real estate has to be priced at such a level that the average person can buy the average house and raise an average family in it, on the wages that are available within that particular area. It’s very local. An audience favorite, our guest this week on Retirement Lifestyle Advocates radio is Karl…
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