Recession Fire Drill: $250 Trillion World Debt Edition
Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance. - A podcast by ListenMoneyMatters.com | Andrew Fiebert and Matt Giovanisci
A majority of economists polled by the Wall Street Journal think that a recession is in our future in 2020, 59% to be exact. Another 22% say 2021 making over 80% of economists think we’re between 1 and 2 years away from a recession. Ray Dalio, our hero and spirit animal, said in February 2018 that we were about two years away from a recession. So, according to him, we have one year left. It’s time to seriously prepare. We were about 2 years from a recession, 1 year ago. 2019 is either the year you must get your shit together. There is no try. You saw what happened to the unprepared in 2008. Learn more about your ad choices. Visit megaphone.fm/adchoices
