
Fastest Way To Make $100k A Year, Dr. Doom's Prognosis and Q&A
Chloé Warrisse Mtg
Description
<p>We're headed for a financial crisis that's even worse than the 1970's, says 'Dr. Doom.' No, not the comic book character, economist Nouriel Roubini, known for his bearish prognostications. He believes that due to a rolling series of supply shocks, we'll have a severe downturn before we get relief from inflation.</p><p>In today's episode of The Higher Standard, Chris and Saied dive into this dire prediction and offer some of their own thoughts as well.</p><p>They discuss the debt crisis, which they refer to as an 'affordability crisis,' how it will continue to affect us all as consumers as we move deeper into the recession.</p><p><br></p><p>Chris and Saied look at a chart from Fortune magazine showing plunging house prices in 51 out of 60 major cities, such as San Jose, Boston and Seattle, with the west being hit hardest of all.</p><p><br></p><p>They discuss why the belief that rates will go down as fast as they went up is flawed, owing to banks attempting to protect their returns as rates drop.</p><p><br></p><p>Chris and Saied also look at a recent article from Bloomberg stating that rent gains are finally starting to slow in many parts of the US, cooling a years-long boom that sapped affordability from coast to coast. In other words, demand from tenants is suddenly sinking.</p><p><br></p><p>Join Chris and Saied for this fascinating conversation.</p><p><br></p><p>Enjoy!</p><p><br></p><p><strong>What You’ll Learn in this Show:</strong></p><ul><li>'Dr. Doom's prediction of the mother of all debt crises.</li><li>Why mortgage bankers expect rates to drop to 5.4% in 2023.</li><li>The reasons why student debt relief is not ideal for everyone.</li><li>Why Intel's cost-cutting measures should help boost their stock price, at least in the short term.</li><li>And so much more...</li></ul><br/><p><br></p><p><strong>Resources:</strong></p><p><a href="https://www.instagram.com/p/CkA-UgNtAup/?igshid=YmMyMTA2M2Y=" rel="noopener noreferrer" target="_blank">"'Dr. Doom predicts a financial crisis that's 'worse' than the 1970's"
Episodes
Fastest Way To Make $100k A Year, Dr. Doom's Prognosis and Q&A
Chloé Warrisse Mtg