Unavoidable Crisis Ahead: We Have Too Much Debt That We Can’t Afford | Matt Piepenburg

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money’s endorsed financial advisors at When asked last month if the US economy was heading into stagflation, Fed Chair Jerome Powell said he didn’t see the “stag“ nor the “flation“ in the data he looks at. Well, US Q2 GDP growth estimates as forecasted by the Atlanta Fed’s GDP Now service are plunging. And Q1’s weak reported GDP growth rate of 1.6% was revised further downwards to a paltry 1.3% That’s some “stag“ right there. And CPI remains quite sticky at 3.3%, solidly higher than it was 9 months ago. So that’s some “flation“ To learn how to protect the purchasing power of your wealth in an increasingly stagflationary environment, we’re fortunate to be joined today by Matt Piepenburg of Von Greyerz Gold. #debt #goldprice #currency _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Solicitor. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor in good standing with the Financial Industry Regulatory Authority (FINRA) who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance. IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.