Credit Market Implosion Will Be Severe, Says Harald Malmgren | Nicholas Glinsman, Harald Malmgren

Nicholas Glinsman, CEO & CIO at EvoCapital LLC and Harald Malmgren, owner of Malmgren Global LLC, join Jack Farley to discuss the slowing economy: the causes, factors and leaders behind the market. 

Do leaders like Powell want a recession? Malmgren seems to believe so even though they wouldn't admit to it. Entering a deep recession before midterm elections can be critical in helping kill inflation.

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(00:00) Introduction

(01:01) A Slowing Economy

(06:13) Why Is The Economy Slowing So Rapidly?

(10:38) Powell, Yellen, and Biden

(15:20) How High Will The Fed Hike?

(19:39) Liquidity and Volatility 

(28:37) Reasons for Deglobalization

(36:05) The Crypto World

(37:59) Harald's View on Long Term Commodities

(42:18) China

(48:36) Centralization in Economic Growth

(51:59) China Is Running Out of Dollars

(57:48) The Dollar Milkshake

(1:08:05) President Biden's Legacy

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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.