Tuesday, November 24, 2020

Tag: Member of Economic Elite Comes Clean

Member of Economic Elite Comes Clean

by Jim Rickards, Daily Reckoning:

Many of those who warn of near-term economic collapses or market panics are consigned to the fringes of economic analysis.

The mainstream analysts at university faculties or Wall Street banks are almost unanimous in saying, “All is well.” Most predict years of strong growth ahead, higher stock prices and higher interest rates.

Of course, these are the same people who told you Brexit would never happen and Hillary would be president and who never saw the 2008 panic coming when it was staring them in the face.