Henrik Zeberg: The Final Rally Before a Massive Crash & Global Reset

Jun 16, 2025

Henrik Zeberg, head macroeconomist at SwissBlock, shares his urgent insights on the impending economic crisis. He warns that while we may see a final liquidity-driven market rally, the housing market is already frozen, signaling trouble ahead. Zeberg discusses the looming risks of a deflationary bust and what that could mean for the U.S. dollar's status. Additionally, he highlights the long-term potential in AI and tech amidst economic turbulence, urging listeners to brace for significant changes on the horizon.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

INSIGHT

Housing Market Signals Slowdown

The US housing market is frozen, signaling a significant economic slowdown ahead.
The housing market decline is poised to pull down the rest of the economy despite a somewhat strong labor market.

INSIGHT

Economic Iceberg Hit Already

We have already hit the economic iceberg; recession risk is high despite current market rallies.
A $4.5 trillion liquidity injection has fueled a dangerous market blow-off top potentially masking underlying problems.

INSIGHT

Final Liquidity-Fueled Market Peak

Markets can rally beyond fundamentals fueled by excess liquidity and investor psychology.
The upcoming rally is likely a last blow-off peak before a major downturn hits.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

Henrik Zeberg joins Maggie Lake to issue a bold and urgent warning: the global economy has already hit the iceberg, and a massive crash may be just months away. But first, he says, markets could soar in a final liquidity-fueled rally, creating one last chance to prepare before everything changes.

Henrik lays out his thesis for why we’re nearing the end of this business cycle, why central bank and fiscal stimulus might backfire, and why the next crisis could end the U.S. dollar’s dominance in a global monetary reset.

Key topics:

Why Henrik says the housing market has already frozen, and what that means
How $4.5 trillion in global liquidity is fueling a dangerous blow-off top
What could trigger a deflationary bust followed by a stagflation crisis
Will the U.S. dollar lose its global reserve status?
The long-term opportunity Henrik sees in AI, tech, and innovation

Make sure your portfolio is built to survive any economic icebergs. Get your free portfolio review with Wealthion’s endorsed financial advisors at https://bit.ly/4e4dt4F

Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH

Chapters:
00:37 - Zooming Out: The Macro Picture

02:38 - Will the Recession Be Global?

06:28 - Stocks Surging into Trouble?

08:41 - Are Investors Too All-In?

13:34 - What Pops the Blow-Off Top?

15:46 - Does a Two-Tier Economy Buy Time?

18:30 - Gold’s Rally—Safe Haven or Hype?

20:40 - How High Can Crypto Fly?

26:01 - Recession or Something Darker?

31:00 - Why Commodities Spike in a Slump

32:25 - Can Fiscal Firepower Save Us?

34:11 - Global Teamwork—or Fragmentation?

37:13 - What Keeps You Up at Night?

40:45 - Where Do You Hide Your Money?

46:55 - Wildcards That Flip the Script

48:05 - Wealthion’s Golden Nugget: The Best Bets for the Next Decade?

49:44 - Can a Doomster Be an Optimist?

Connect with us online:

Website: https://www.wealthion.com

X: https://www.x.com/wealthion

Instagram: https://www.instagram.com/wealthionofficial/

LinkedIn: https://www.linkedin.com/company/wealthion/

#Wealthion #Wealth #Finance #Investing #HenrikZeberg #Recession #MarketCrash #Stagflation #EconomicReset #Macro #Gold #Crypto #HousingMarket #FederalReserve #AssetBubble #DollarCollapse

________________________________________________________________________

IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.

While we value and appreciate the insights shared by our esteemed guests, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion. These opinions should not replace your own due diligence or the advice of a professional financial advisor.

We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.

The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.

Learn more about your ad choices. Visit megaphone.fm/adchoices