Michael Drury on China's Trillion Dollar Secret and Why The U.S. Is Not Headed Imminently Into A Recession
This interview with Michael Drury explores how China\u2019s problems affect the global economy, its economic advantages, and where it spends its trillion-dollar surplus. We also discuss the US economy\u2019s resilience, why Michael doesn\u2019t see a recession, and much more.\n\u2013\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__\n\nTimestamps:\n(00:00) Introduction\n(00:31) The Risks Of Financialization\n(02:07) Financial Market Signals\n(05:37) China & The Global Economy\n(09:44) China's Problems Are The World's Problem\n(15:15) US Economic Resilience\n(21:07) How Good Is The US Economy?\n(27:11) Fed Vs Wall St. Priorities\n(30:28) Comparing Major Economies\n(37:18) China's Economic Advantages\n(40:44) Where China Spends Its Money\n(49:44) China's Growing Influence\n(53:01) The US Economy & Inflation\n(01:10:31) European Economy\n(01:11:58) Asian Economies\n(01:14:48) Camp Kotok\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