James Rickards: Fed Is Going To Cause Recession

ArticleDebt crisisAugust 10, 2017 - 8:27:08 AM

According to James Rickards, there are many facts the Federal reserve is not telling us. He is convinced that the Federal Reserve is going to cause the recession it is trying to avoid due to the measures it takes and their consequences on the economy.

They're trying to prepare for the next recession. They're not predicting a recession, they never do, but they know a recession will come sooner rather than later. This expansion is 96 months old. It's one of the longest expansions in U.S. history. It's also the weakest expansion in U.S. history. A lot of people say, "What expansion? Feels like a depression to me."

Source : SeekingAlpha

On the same subject