Credit Market Implosion Will Be Severe, Says Harald Malmgren | Nicholas Glinsman, Harald Malmgren
Nicholas Glinsman, CEO & CIO at EvoCapital LLC and Harald Malmgren, owner of Malmgren Global LLC, join Jack Farley to discuss the slowing economy: the causes, factors and leaders behind the market.\xa0\nDo leaders like Powell want a recession? Malmgren seems to believe so even though they wouldn't admit to it. Entering a deep recession before midterm elections can be critical in helping kill inflation.\n--\nFollow Harald Malmgren on Twitter https://twitter.com/Halsrethink\nFollow Nicholas Glinsman on Twitter https://twitter.com/nglinsman/\nFollow Jack Farley on Twitter https://twitter.com/JackFarley96\nFollow Forward Guidance on Twitter https://twitter.com/ForwardGuidance\nFollow Blockworks on Twitter https://twitter.com/Blockworks_\n--\nAttend DAS, crypto and macro\u2019s favorite institutional conference: http://digitalassetsummit.co/\nUse code GUIDANCE250 to get $250 off tickets (Only available this week!)\n--\nGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/\n--\n(00:00) Introduction\n(01:01) A Slowing Economy\n(06:13) Why Is The Economy Slowing So Rapidly?\n(10:38) Powell, Yellen, and Biden\n(15:20) How High Will The Fed Hike?\n(19:39) Liquidity and Volatility\xa0\n(28:37) Reasons for Deglobalization\n(36:05) The Crypto World\n(37:59) Harald's View on Long Term Commodities\n(42:18) China\n(48:36) Centralization in Economic Growth\n(51:59)\xa0China Is Running Out of Dollars\n(57:48) The Dollar Milkshake\n(1:08:05) President Biden's Legacy\n--\nDisclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.