E69 - Macroeconomic Outlook From A Former IMF Consultant
Release Date: 11/28/2018
Nobody can predict the future with 100% accuracy even though many may try. Since the future of the economy and housing market are not set in stone, a multitude of investors can find themselves feeling apprehensive. Changes in the economy can lead to substantial gains or devastating losses that can have a drastic impact on investors. While no one can see the future, learning about trends and speaking to other knowledgeable individuals is important to get a glimpse of what the future may hold.
Our guest for today is Richard Duncan who is the author of three books on the global economic crisis, including the international bestseller, The Dollar Crisis: Causes, Consequences, Cues which forecasted the global economic crisis of 2008 with extraordinary accuracy. Since beginning his career as an equities analyst in Hong Kong in 1986, Richard has served as global head of investment strategy in London, worked as a financial sector specialist in Washington D.C., and headed equity research departments in Bangkok. Richard also worked as a consultant for the IMF in Thailand during the Asia Crisis. He is now the publisher of the video-newsletter Micro Watch, which can be found on his website.
Today we are going to discuss...
- Interest rates and why it is our guest's #1 most important metric to pay attention to
- The trade war with China and how that may impact the economy and housing market
- Japan and their 30+ year economic challenges
- Some of our guest's suggested cures for a lot of the challenges regarding debt, deficits, and interest rates