Gregory Mannarino: The Debt Meltdown Has Just Begun
WTFinance, Released on 3/24/23
During our conversation we spoke about the current banking crisis, how this could lead to a debt meltdown, what this means for personal freedom and how you can protect your wealth during such a situation. I hope you enjoy!
0:00 - Introduction0:15 - What is Greg's opinion on the banking crisis?2:40 - US regional banking system is unique3:35 - Consolidation of the banking system6:00 - How are central banks removing liquidity8:20 - Could there be protests against bank bail outs?9:54 - Fed balance sheet growing11:15 - Treasuries and government bonds caused the current problem12:13 - Can markets hold up with current issues?16:09 - Unrealized losses on balance sheets19:00 - Race for the door21:55 - What will the catalyst for the next crisis?24:15 - Will the FED be the one bank in the US?27:30 - Assets to protect wealth during a debt crisis?30:40 - One message to takeaway from our conversation?
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading. Gregory currently hosts a business day "MarketReport" on YouTube. You can find out more about what he offers at his website Traderschoice.net.
Gregory Mannarino: The Debt Meltdown Has Just Begun added by Herman James on 03/23/2023View all posts by Herman James ?+'