Why Odds Of Recession Are Now 99% | George Gammon

1 year ago
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Why the odds of recession are now 99%. I know that sounds like it's almost certain, but in life there's no such thing as certainties, only probabilities. My friend George Gammon says this all the time on his channel. So I sat down with him to dig into the specifics, what are the odds of a recession?... and More importantly, what are the odds that he thinks about another big market crash coming in front of us that Michael Burry repeatedly states!

In this Interview we discuss all that along with:

🔥 Fundamentals of the market and where we are in the cycle
🔥 What is causing GDP growth to stall?
🔥 Difference of the fiat money system and others
🔥 What a sound money system looks like with free banking, gold and Bitcoin
🔥 His Run-ins with the Bitcoin community
🔥 The diffusion of innovation

This is an Interview you don't want to miss!

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➡️ GDP Chart: https://ourworldindata.org/economic-growth

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Chapters:
00:00 Intro
02:40 YT Algorithms
05:09 Market Crash Predictions
31:16 Fundamentals of Economy Are Unsound
38:39 Bitcoin
42:48 The Diffusion of Innovation
53:39 Outro

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