WARNING! Leading Economic Indicators Are Now Flashing CODE RED
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 21 November 2023
⏱️ 14 minutes
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Summary
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Transcript
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| 0:00.0 | Hello, Rebel Capitals, hope you're well. |
| 0:02.0 | So we've got some leading, some new data from the leading economic indicators |
| 0:08.6 | that are pointing right to a recession. |
| 0:11.5 | They're giving us a huge warning. This is something that we need to take a look at because I think it begs the question, are we in a recession right now? |
| 0:22.6 | Keep talking about a recession in 2024. |
| 0:25.5 | It could be happening as we speak. |
| 0:27.3 | You say, oh, George, |
| 0:28.2 | they'd be talking about it in the mainstream media. |
| 0:30.4 | Absolutely not. |
| 0:31.8 | Let's first and foremost go over to the NBR. You say George what's the |
| 0:35.3 | NBR? It's the National Bureau of Economic Research and this is the official entity |
| 0:41.4 | that's out there that can tell us that we had a recession from this |
| 0:45.6 | point to this point. You say, okay, George, I haven't heard anything from the NBR in the |
| 0:50.6 | mainstream media lately, so obviously we're not in a recession. |
| 0:54.3 | He's leading economic indicators you're talking about it's just a big nothing burger. |
| 1:00.1 | I don't want to hear about it the The economy is booming. It's on fire for |
| 1:03.2 | having sakes. To stop your stupid fear-mongering. That's what your |
| 1:07.9 | friend and family member Fred is saying right now. But I would like to remind |
| 1:11.4 | your friend and family member Fred |
| 1:13.2 | the nBR always announces a recession way |
| 1:18.4 | after it started. |
| 1:20.9 | They are by no means in the business of telling you that we're in a recession right now. |
... |
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