Deep Recession Looming in 2023 with Jeff Snider

Mar 3, 2023

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Interview recorded - 1st of March, 2023

On todays episode of the WTFinance podcast I had the pleasure of welcoming back Jeff Snider, one of the foremost experts on the monetary system, Host of @eurodollaruniversity and Chief Strategist at Atlas Financial.

During our conversation we spoke about why the markets have been resilient recently, what an inverted yield curve is, what a recession means for financial system and Jeffs outlook for 2023. I hope you enjoy!

First Interview with Jeff - https://youtu.be/7MiY2TpKhRM

0:00 - Introduction
1:29 - Why have the markets/economy been so resilient during high interest rates?
4:07 - What does inverted yield curve mean for money markets?
6:47 - How does the inverted curve end?
8:32 - What data points implying a recession?
13:17 - China’s reopening?
17:02 - Shipping costs?
19:12 - What does a recession mean for the financial system?
22:57 - Not enough US Treasuries?
24:02 - Risk in the shadow banking system?
29:30 - FED buying up all collateral?
33:07 - Any other ways to create dollars?
36:27 - The longer we wait for recession, worse it could get
38:32 - Outlook for 2023?
41:27 - What does that mean for the markets?
43:32 - One message to take away from our conversation?

Jeff Snider is one of the foremost experts on the global monetary system, specifically the eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the eurodollar system and true monetary principles. He is a regular contributor to Real Clear Markets and a columnist for the Epoch Times, and is active on Twitter as well as He has been a guest on countless programs including MacroVoices, and Real Vision for his insights into the Eurodollar system, LIBOR, and repo/securities lending markets., etc.

Jeff Snider -

YouTube - @eurodollaruniversity
Website - https://www.eurodollar.university/
Twitter - https://twitter.com/JeffSnider_AIP

WTFinance -

Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfn
iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas