, he's warning of a prolonged economic depression spanning the next decade.Bloomberg Invest Global
"There's going to be a painful process of deleveraging, both by the corporate sector and the household sector," he said. "They have to be spending less, saving more, and doing less investment, capex, or residential investment." "I see the recovery being strong all in the third quarter, and then fizzling out by the forth quarter, and then becoming very anemic by next year," he said. "Most firms are highly leveraged. They have to survive and thrive by cutting costs and saving more."bankruptcies"So many firms right now are either bankrupt or on the verge of bankruptcy," he said. "They have to take action to try and survive.
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OldTakesExposed ✍️
Harizyunus8 jangan like benda pelik pelik. Aku tengah bullish
Well they don’t call him Dr. Doom for nothing
Dr Doom 😭😭😭
Dr who?🤣🤣🤣
Democrats must be planning to get richer along with George Soros.
Ok and
Canada Canada Latest News, Canada Canada Headlines
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