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Not A Good Time To Be Long Stocks Or Real Estate Right Now | Chris Whalen
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Despite the best efforts of Elon Musk and the DOGE team, the US fiscal deficit for 2025 is $1.3 trillion so far, the second highest six-month level on record.
And while the US at least is giving lip service to its plans to reduce its deficit over coming years, much of the rest of the world's largest economies -- like the EU and China -- are actively ramping up their fiscal spending.
All of which makes today's guest's perspective incredibly timely.
He's just released a new second edition to his book "Inflated: How Money & Debt Built The American Dream"
Is there a way we can stop, and perhaps even reverse the loss of purchasing power our fiat currencies are suffering from all this wanton spending?
Or, it is only going to get worse from here?
To find out, we'll ask the author himself, Chris Whalen, Chairman of Whalen Global Advisors LLC and expert on the banking, mortgage finance and fintech sectors.
#inflation #goldprice #marketcorrection
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