Commodity Culture

Dire Economy Will Get 'A Lot Worse' - 30-50% Market Crash Incoming: Michael Pento

Jesse Day Episode 388

Michael Pento is sounding the alarm on a multitude of epic bubbles that are set to burst in the real estate, credit, and stock markets. As the middle class gets completely crushed into poverty due to continued inflation and stagnant wage growth, the real danger begins with a collapse in credit markets, followed by a 30 to 50% crash in the stock market, which Michael estimates could take decades to fully recover.

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