Impending Financial Crisis 2.0? Matt Taibbi Hears Echoes Of 2008

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[Original recording date: 5.28.21] Thirteen years after the start of the Global Financial Crisis, many of the same excesses that caused it can be seen today, in many cases by the same players.

Wall Street is fat with corporate profits again. Governments are flooding the world with oceans of debt. Speculation is back with a vengeance and regulators seem asleep at the wheel.

Will history repeat here? Are we setting the stage for another worldwide financial crisis?

To answer that, we invited award-winning financial journalist Matt Taibbi to address this very topic at the recent Wealthion conference held in early June.

We’re making Matt’s excellent interview available to you right now...and just to prepare you, he indeed is hearing very loud echoes of 2008...

Follow Matt at https://taibbi.substack.com/ and on Twitter at @mataibbi

At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.

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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.

Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth.

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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.