Brink Of ‘Perilous Financial Collapse’, Economy Is A ‘Mirage’ | Jim Thorne

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Jim Thorne, Chief Market Strategist of Wellington-Altus Private Wealth, explains why the global economy is headed towards a "perilous financial collapse" and what's next for markets, investors, and consumers.

*This video was recorded on April 11, 2024

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0:00 - Intro
1:02 - "Perilous Financial Collapse"
7:25 - Oil and inflation
10:36 - Debt and deficit
13:07 - Trigger for financial collapse
18:00 - "Economic mirage"
20:55 - Cost-push theory of inflation
25:15 - Canadians are economically "hopeless"
33:00 - Market outlook
36:30 - Interest rate outlook
38:50 - Gold and Bitcoin
41:00 - Residential real estate

#stocks #bitcoin #economy