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The last time I spoke with Simon Hunt, he predicted a rocky road ahead for the global economy, that will eventually culminate in the massive pile of $trillions in global unserviceable debt going into default causing a worldwide depression by 2025.
Since his last appearance, the markets have become a lot more optimistic, US Q3 GDP hit 4.9% and inflation has marching downwards to 3% -- all positives. Though on the negative side, US deficits & debt balances have soared, leading economic indicators have fallen to recessionary levels, and the Middle East has been plunged into war.
Today we'll ask commodities expert and geopolitical analyst Simon Hunt how any of this impacts his dire forecast for 2024/2025.
Follow Simon at his website https://www.simon-hunt.com/
#recession #depression #marketcrash
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