The Dow fell more than 800 points yesterday. Philip Kennedy from Kennedy Financial warns us another crisis is around the corner…
The mainstream is warning of a recession coming soon. Bloomberg reports two-thirds of US business economists see a recession coming by the end of 2020. Here, Kennedy warns a depression is ahead.
Kennedy also discusses saving and budgeting as a preparation for the coming crisis. Preparing sooner may be better than later. You can only prepare in good times, he says.
He also tells us about cryptocurrencies as an alternative asset, however risky, and he gets into some specific cryptos emerging such as Eos.
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.