The Fed's Assumption That They're Going to Be Raising Rates?

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Rising prices on a massively indebted economy is basic a massive monetary tightening. The probability of a recession is nowr 90% to 80%. And we're seeing in consumer sentiment indicaters i the united states where people are thinking, filling the pinch. An, it's a very big pinch, on factrs, the biggest pinch since 19 80. In 19 73 when we had the oil crisis, er, 73, 74, with the oil embargo, what happened was growth collapsed. That's what's going to happen.

Raoul Pal is the CEO of Real Vision, a cutting edge financial media company and also runs his own macro research business, Global Macro Investor. In this episode we discuss: - Raoul's 3 scenarios for how the war between Russia & Ukraine plays out - The outlook for different asset classes including stock & bonds, commodities & crypto - Why the tokenisation of culture through communities like Bored Ape Yacht Club are so significant We also talk about the practical implications of potential social unrest and how people should be thinking about their life choices in that context as well as Raoul's philosophy of living in the future.