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Peak Prosperity

The Not-So-Great Economy, and Will Private Credit Be the Spark That Kicks Off GFC 2.0?

Peak Prosperity

Chris Martenson

Government, Investing, Business

4.7591 Ratings

🗓️ 26 February 2026

⏱️ 42 minutes

🧾️ Download transcript

Summary

The headline stock index numbers look good, but beneath the surfaced things really aren’t all that great for the majority of Americans.

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Transcript

Click on a timestamp to play from that location

0:00.0

Nothing in this program should be considered investment advice.

0:03.2

It is for educational purposes only.

0:05.3

Please hit pause and read this disclaimer in full.

0:11.1

Trump says that this is the greatest economy ever, but is it?

0:14.5

There's a lot of troubling signs there.

0:16.1

And Jamie Demon of J.P. Morgan says, hey, we could be facing the great financial crisis 2.0.

0:22.5

We're going to take a look at all of that and some more as we dive into this finance view.

0:28.8

The following is the audio version of a video released at peak prosperity.com.

0:34.7

Visit peakprosperity.com to watch the video and to find other insightful content such as articles, discussion forums, and exclusive subscriber-only content.

0:52.8

Hello, everybody. Welcome to Finance You. I am your host, Chris Martinson. And today, uh, solo, Paul is off and, uh, today, but I'm going to hold down the entire fort here. Here's what we're going to cover today. Is it the greatest economy ever? It is depending on where you're located in that economy. If you're at the top, it's okay. If you're not at the top,

1:12.4

by which I mean the top 10%, it's not that great. Actually, it's pretty bad for some people.

1:18.5

And we're starting to see credit cracks, particularly in private credit. Will this be the catalyst that

1:23.4

actually drives, or could be GFC 2.0, great financial crisis 2.0.

1:29.7

Now, let's start right here with Trump.

1:33.2

This is him, I believe this is on the 18th of February, somewhere back there last week.

1:39.2

He said this.

1:41.4

In 50 years, a president that won, even a popular president, somebody that's done well.

1:48.1

I'm popular and I've done well.

1:49.5

I mean, I think we have the greatest economy actually ever in history.

1:54.5

We broke 50 and we broke 7,000.

1:58.1

They said I wouldn't do that for four years, and I did it in one year.

2:01.6

We have to get the word out, okay?

...

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