Most Experts Are Wrong About the Economy - podcast episode cover
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

Are we looking at the end of the American empire? In May, the International Monetary Fund (IMF) cut its global growth outlook for the second time this year, citing the war in Ukraine and singling out inflation as a "clear and present danger" for many countries. Today’s guest explains his opinion about the timing of a recession, and what the Fed will have to do to keep the economy from dropping into a depression.
Raoul Pal, the founder and CEO of Global Macro Investor and Real Vision says, “I think it will happen at a shocking speed.” Raoul expects that the recession will happen in a matter of months, similar to 1974.
Hosts Robert and Kim Kiyosaki and guest Raoul Pal discuss what exactly is happening in the world’s economy, the likeness of a recession, and if there’s a depression in our future.
To learn more about Real Vision’s new education platform, visit: https://www.realvision.com/waitlist
For the best experience, listen in Metacast app for iOS or Android
Open in Metacast
Most Experts Are Wrong About the Economy | Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business podcast - Listen or read transcript on Metacast