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The Foreseeable Future of Economic Turmoil
The chapter delves into potential scenarios where external factors prompt the Fed to cut interest rates and the dollar to depreciate, discussing the impact on retail chains like the Body Shop. It anticipates economic difficulties leading to aggressive rate cuts and potential monetary expansion of around 20 trillion. The conversation also explores the future of currencies, assets like gold and cryptocurrencies, and warns of a possible global collapse by the 2030s.