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Deepest Recession Since 1982 Is Coming! ft. Peter St Onge
In this video, Peter discusses new data from the New York Fed and the University of Michigan inflation survey, suggesting that stagflation is on the way for the first time since the 1970s. The official data from the New York Fed shows a 68% chance of a recession, the highest level since the 1982 recession. Peter explains why stagflation is happening and what can be done to fix it. Furthermore, Peter advises viewers to protect their savings and income by diversifying into inflation hedges like gold, building up a cash reserve, and building skills and networks to make themselves indispensable.
Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20
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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
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