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How Passive HODL-ing Of Stocks Leads to Extreme Crashes | Mike Green

Forward Guidance

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The Risk of a Centrally Planned Economy

The companies that are most likely to be most adversely affected by this are precisely the ones that everyone is currently enamored of, right? If you slow the economy and you solve the problem of excess demand for oil relative to the current level of supply, guess what's going to happen? They're not going to stay at $93 or $94 a barrel. They're going to fall to $55. And can you imagine how much money they're going to be printing at $120? They're back to losing money at $55. That's what we saw in the fourth quarter of 2018, right? So I just can't kind of shake the image, and it's very disappointing

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