Will the Coming Recession Be Different from the Past?

We’ve been languishing through a zombie economy that is highly concentrated and asymmetrical for quite some time, but our guest today is predicting an official recession in the near future. We’re joined today by investment manager Edward Dowd, co-founder of Phinance Technologies, for "a state of the union" of our economy. He explains why the only way to tame inflation will be a popping of the housing and stock market bubbles. He explains why he believes we are on the cusp of such a crash. We go through consumer debt, housing, gold, Bitcoin, and so much more to prove how we are living on the cusp of another reset opportunity. The question is whether this time will be different and the government will allow us to recover organically or whether it will continue printing money to create new artificial monopolies and asset bubbles. Finally, Dowd provides us with some very disturbing data on long-term disability in this country and what it means.