{"id":35379,"date":"2018-06-22T07:34:21","date_gmt":"2018-06-22T12:34:21","guid":{"rendered":"http:\/\/olduvai.ca\/?p=35379"},"modified":"2018-06-22T07:34:21","modified_gmt":"2018-06-22T12:34:21","slug":"legendary-global-investor-warns-of-frightening-recession-we-dont-have-any-stabilizers-left","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=35379","title":{"rendered":"Legendary Global Investor Warns Of Frightening Recession: \u201cWe Don\u2019t Have Any Stabilizers Left\u201d"},"content":{"rendered":"<h3><a href=\"http:\/\/www.shtfplan.com\/headline-news\/legendary-global-investor-warns-of-frightening-recession-we-dont-have-any-stabilizers-left_06212018\">Legendary Global Investor Warns Of Frightening Recession: \u201cWe Don\u2019t Have Any Stabilizers Left\u201d<\/a><\/h3>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-50676\" src=\"http:\/\/shtfplan.com\/wp-content\/uploads\/2017\/11\/recession2018.jpg\" sizes=\"auto, (max-width: 560px) 100vw, 560px\" srcset=\"http:\/\/shtfplan.com\/wp-content\/uploads\/2017\/11\/recession2018.jpg 560w, http:\/\/shtfplan.com\/wp-content\/uploads\/2017\/11\/recession2018-300x173.jpg 300w\" alt=\"\" width=\"560\" height=\"322\" \/><\/p>\n<p>Key asset markets in the United States have reached extremely overbought levels, including everything from stocks to real estate. And while most Americans are feeling positive about economic growth in the near-term, legendary global investor Paul Tudor Jones cautions that the long-term outlook for America is very bleak.<\/p>\n<blockquote><p>You look at prices of stocks, real estate, anything\u2026 We\u2019re going to have to mean revert to a normal real rate of interest with a normal term premium that\u2019s existed for 250 years. We\u2019re going to have to get back to that. We\u2019re going to have to get back to a sustainable fiscal policy and that probably means<strong> the price of assets goes down in the very long run.<\/strong><\/p>\n<p><strong>The next recession is really frightening because we don\u2019t have any stabilizers\u2026 We\u2019ll have monetary policy, which will exhaust really quickly, but we don\u2019t have any fiscal stabilizers.<\/strong><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" src=\"https:\/\/finance.yahoo.com\/video\/goldman-sachs-ceo-lloyd-blankfein-142726234.html?format=embed\" width=\"560\" height=\"315\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/p>\n<p>If the next recession is anything like the last one, we can expect massive price destruction across the board, large-scale job losses, and millions of people seeking assistance to help with food, housing and medical expenses via emergency programs.<\/p>\n<p>Moreover, as we\u2019ve previously warned, the trigger for the next crisis could come in many forms, one of the most likely of which is a total loss of confidence in the U.S. dollar.<\/p>\n<p>That being said, physical assets that actually have value rather than hype will be the order of the day.<\/p>\n<p>We need only look to Venezuela to understand <a href=\"http:\/\/www.shtfplan.com\/headline-news\/the-government-will-take-your-supplies-venezuela-is-seizing-cattle-and-inventory_06082018\" target=\"_blank\" rel=\"noopener\">what that means in an economic collapse<\/a>, where even the most basic of necessities like food, medical supplies and toiletries are in short supply.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Legendary Global Investor Warns Of Frightening Recession: \u201cWe Don\u2019t Have Any Stabilizers Left\u201d Key asset markets in the United States have reached extremely overbought levels, including everything from stocks to real estate. And while most Americans are feeling positive about economic growth in the near-term, legendary global investor Paul Tudor Jones cautions that the long-term [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[6489,4305,20617,1264,6490,839],"class_list":["post-35379","post","type-post","status-publish","format-standard","hentry","category-economics","tag-mac-slavo","tag-paul-tudor-jones","tag-price-destruction","tag-recession","tag-shtfplan-com","tag-us-dollar"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35379"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35379\/revisions"}],"predecessor-version":[{"id":35380,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35379\/revisions\/35380"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}