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Peak Prosperity

Is A Recession On The Way? – Finance University With Paul Kiker

Peak Prosperity

Chris Martenson

Government, Investing, Business

4.7591 Ratings

🗓️ 2 February 2024

⏱️ 85 minutes

🧾️ Download transcript

Summary

Several indicators are screaming “recession!” But the “”markets”” are happily rising higher all over the globe on an obvious wall of central bank liquidity. Can ‘they’ print us out of the nose-dive? What if they don’t? What should investors be considering? Tune in to find out.

Transcript

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0:00.0

You're talking about federal government bankruptcy, you're talking about corporate bankruptcies,

0:04.2

you're talking about really bankruptcies on a global scale, which is truly an absolute reset, right? Hello, everyone.

0:29.2

Chris Martinson here, of peak financial investing, also peak prosperity,

0:32.7

here back with another episode of Finance University.

0:36.8

Paul, Paul Kiker of Kiker Wealth Management.

0:38.8

So good to be back here with you today.

0:41.1

Good morning, Chris.

0:42.0

It is a pleasure.

0:42.9

I always look forward to it.

0:45.0

Me too, me too.

0:46.8

You know, people are really responding and saying they like these series,

0:50.7

they like to learn, and there's so much to discuss.

0:53.6

And I think we're

0:54.3

about to enter a really troubling period of financial disruptions is the kindest

1:01.4

I could put it we could be facing a crash I don't know so here's the setup things

1:06.4

were really crazy in 1995 so the the Fed jumped in, right?

1:11.1

And they did this thing, which enabled banks to go to effectively zero percent reserve

1:17.4

requirements.

1:18.0

And then we had this whole thing called the internet craze, right?

1:20.7

Dot bombs.

1:21.5

You know, it was all about eyeballs, pets.com, long-term capital management, bailout,

1:25.5

bailout, crash, right?

...

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