Unprecedented Crisis: Domino Effect Of Defaults On Horizon | Nomi Prins
Dr. Nomi Prins, best-selling author and geo-economist, discusses the permanent distortions on the economy created by central bank policies, and the dangers facing the economy in 2024 and beyond. *This video was recorded on May 8, 2024 Nomi's last interview with me in August, 2023: • Rate Hikes Are Over, But Bank Failure... Listen on Spotify: https://open.spotify.com/show/510WZMF... Listen on Apple Podcasts: https://podcasters.spotify.com/pod/sh... FOLLOW NOMI PRINS: Nomi Prins: https://nomiprins.com/ Twitter (@nomiprins): / nomiprins "Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever": https://rb.gy/3o0rw "Collusion: How Central Bankers Rigged the World": https://rb.gy/9lj0n "All The Presidents’ Bankers: The Hidden Alliances That Drive American Power": https://rb.gy/rdpnr FOLLOW DAVID LIN: Twitter (@davidlin_TV): / davidlin_tv TikTok (@davidlin_TV): / davidlin_tv Instagram (@davidlin_TV): / davidlin_tv For business inquiries, reach me at david@thedavidlinreport.com *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 1:00 - Economic slowdown 6:13 - Collusion 9:56 - Shifting of super powers 12:50 - U.S. dollar hegemony 15:00 - Fed rate cuts 20:43 - Inflation 22:43 - Domino effect of failures 24:20 - Labor market 25:24 - Geopolitical risks 29:00 - Investment implications
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