Seun Foo – Collapse: US Assets IMPLODE As Iran War Financial SHOCK Goes Global
For those who love Sean Foo. But you have to first hear out Michael Hudson, as Sean looks at a different layer, a resultant layer, but Michael explains the ‘core problem’. Both are necessary.
As the Iran war rages on, global markets including US assets are melting down. The financial panic has begun as investors grapple with the potential collapse of GDP and a horrific inflationary world thanks to a new forever oil crisis.
It is a prediction, and even the worst case of a $64 barrel rise does not sound like a plausible best case scenario to me.
I cannot believe the major indices are not already down at least 30%. What is holding them up?