Economist Called 1987 Crash, Issues Dire Warning For 'Danger Zone' | Mark Skousen

Jun 10, 2025

Mark Skousen, known as "America's Economist" and Doti-Spogli Endowed Chair at Chapman University, shares critical insights on the economic landscape. He warns about the dangers of Trump's tariffs and explores strategies for navigating stagflation. Skousen compares today's economic challenges to the 1987 crash and discusses the significance of gold and Bitcoin as investment options. He also reflects on Benjamin Franklin's approaches to statesmanship, emphasizing collaboration amidst adversity and the upcoming Freedom Fest conference.

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INSIGHT

1987 Market vs. Today

The stock market is overvalued today similar to 1987 but crashes are unlikely due to crash prevention mechanisms.
Bear markets remain possible if negative government policies continue, such as tariff impositions causing market pauses.

INSIGHT

Tariffs Hurt Economy

Tariffs imposed are a self-inflicted economic wound causing stagflation and increased costs.
Gross Output lagging while GDP shows growth reveals business spending is down, indicating underlying economic weakness.

INSIGHT

Dollar Weakness Signals Danger

The dollar is losing value despite rising interest rates, a rare disconnect indicating loss of faith due to trade war.
This situation signals a dangerous economic 'danger zone' favoring gold as a safe investment over Bitcoin during crises.

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