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Steve Forbes on whether the recession is coming: “We’re going to have the economic equivalent of walking pneumonia”.

August 9, 2023 | Pucklore | Vault

Mr. Forbes says it won’t be “enough to put you in the hospital, but you’re not going to feel very good about it.” 

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← Tim Adams reaffirms the China spillover effect from real estate and says we need to prepare for a negative shock.  Total debt is $300 Trillion worldwide or 350% of global GDP.
Dan Clifton thinks that the Fed will have to step in and help the Treasury out in order to get interest costs lower. “We are at a very significant inflection point.” →

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