Episode 807 • • 1:25:09 - 1:30:55
807: Thanks Obama!
Economic Cycles and the 2017 Downturn Prediction
An analysis of historical economic cycles, specifically the Panic of 1857 and the 1970s stagflation, suggests a major market downturn is likely in 2017. The current era of quantitative easing is compared to the 1849 gold rush, with predictions that the eventual collapse will be a significant buying opportunity for real estate and stocks.