2019 Economic Data Is Worse Than The Great Recession (Video)
2019 Economic Data Is Worse Than The Great Recession Video for Silver Report
Economic collapse news. The data that has been released so far for 2019 is worse than during the great recession. As we covered yesterday the Atlanta Feds GDP Now has dropped to 0.2% This is the worst level ever recorded by the Federal Reserve.
The issue we face this time however is that global debt has expanded to 250 Trillion dollars. Gold price should also find some strong support because the data is signaling that we will soon need more quantitative easing.
I know we have just ended a cycle of quantitative tightening the problem is it was misguided or possibly caused the global economic slowdown. Either way with job cuts running at the highest level since 2009 soon we are going to need some solutions.