Clip

Potential Credit Crisis Looming
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1:31:50 - 1:34:52 (03:02)

There are fears that if a recession hits and real wage growth doesn't occur, combined with the ongoing consumer credit bubble, it could create a credit crisis in around nine months to a year. This is compounded by the fact that the Fed funds rate has gone negative, with evidence suggesting an impending stock market crash, panic and recession.

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