Скачать или смотреть Chamath Palihapitiya: Last WARNING Before RECESSION

Here Chamath Palihapitiya gives a last warning before the major recession which technically we are already in. Billionaire venture capitalist Chamath Palihapitiya is warning that the global economy appears on track to witness two phases of recession.“We have been in a supply-side recession. That is what has caused inflation. We have to go through a process of taking all the excess money, that’s been put in, out says Chamath. He gives us time here to prepare for the upcoming recession. I think we’re still firmly in that first phase, and I hate to be the bearer of bad news, but the reason why I still think we’re in the first part of this process is because people, broadly speaking, still have a lot of savings because of all the stimulus checks. There is still a lot of money.”Palihapitiya says there are few indicators suggesting when those savings have been depleted and the global economy is about to enter the second phase of the recession. “When people are more motivated to re-enter the workforce. I think that’s a signal. When credit delinquencies really start to spike, [that’s another signal], because people then tapped out their savings, then they tap their credit cards and then all of a sudden, they become delinquent. When all of those things happen, you’re probably now at a point where that first phase of the supply side issues are largely done and now you get to the demand destruction. But all of those roads, unfortunately, lead to the same conclusion, which is equities get really under pressure.” Chamath Palihipitiya says this is his last warning before the upcoming major recession let me know if you agree down below.