Reported about 2 months ago
Mark Spitznagel, founder of Universa Investments, warns that the U.S. economy is on the brink of a recession and the largest market bubble in history is about to pop. Despite some bullish forecasts on Wall Street, Spitznagel argues that the economic indicators, such as the inverted yield curve and rising debt levels, signal an impending downturn. He foresees that once the bubble bursts, the result will be stagflation, leading to a challenging economic environment for consumers and investors.
Source: YAHOO