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Michael Pento: "Look Out Below!" - Stocks So Overvalued Phase 2 Of Bear Market To Hit Soon

Thoughtful Money with Adam Taggart

CHAPTER

The Delayed Recession and its Causes

This chapter explores the reasons why the predicted recession did not arrive in 2023 as expected. It discusses factors such as monetary tightening, fiscal stimulation, and the terming out of debt. The chapter also delves into the implications of rising debt on various sectors of the economy and predicts a potential crash in corporate debt.

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