▶youtube BusinessBanking first seen 3 d ago, last 38 min ago, peak #7
Economist Michael Pento Warns Debt Crisis Will Spark Recession
Original: Debt Crisis To Trigger Recession - Then Stocks Crash and GOLD Soars: Michael Pento
Economist Michael Pento is warning that a looming debt crisis will first trigger a recession, followed by a stock market crash — while gold surges as investors flee to safety. His outlook, shared in a widely viewed interview, frames the mounting US debt burden as the central risk facing markets, with gold positioned as the chief beneficiary of the turmoil ahead.
Why now: Rising government debt and market jitters are drawing attention to gloomy recession forecasts that favour gold.
Michael PentogoldUS debtstock market
Evidence
- Debt Crisis To Trigger Recession - Then Stocks Crash and GOLD Soars: Michael Pento · Commodity Culture · 108.8K
API: https://socialmediatrends-api.osmike.com/v1/trends/484455