Heres Why a Recession is Only the Beginning | STR 376

Published: June 6, 2022, 3:44 p.m.

b'It amazes me how the mainstream financial media overlooks such basic graphs that illustrate such powerful topics of consideration. Unfortunately, the graph I will discuss in this episode guarantees a painful recession (if not a depression!). Oftentimes the best predictor of the future is looking backwards into history. I realize that past history does not guarantee future results; however, when you consider the context of the last time in history a balance sheet reduction occurred and combine that with the current state of affairs\\u2026 uh oh! I don\\u2019t mean to be so pessimistic, but it\\u2019s hard to be positive when all the data is staring you in the face screaming, \\u201cbe ready for pain!\\u201d. You don\\u2019t need to be an economist to analyze this graph and see all the red flags it presents to our current economic conditions. Inflation is a massive problem and needs to be fixed. Will the federal reserve do what it promises to do? This graph suggests, if they do\\u2026 it\\u2019s gonna be painful! Let\\u2019s discuss it!'