Fed Will Lose Control of Inflation – Investment Watch
Tom welcomes Lyn Alden, Financial Newsletter Editor & Publisher, back to the program. Lyn discusses this economic downturn. We’ve seen a rebound in some asset classes, but it will take most of 2021 to see all the effects play out. We’ve seen a weaker dollar and slowing GDP growth globally. By late 2021 the global economy should improve gradually. She discusses the longer cycles around GDP and the dollar. She discusses the book “The Fourth Turning,” in which there is a significant restructuring of debt, roughly every eighty years. Debts get so high that there is a final rapid expansion...
Source: investmentwatchblog.com