What Does It Mean For Crypto? | Raoul Pal Cryptocurrency (with Robert Kiyosaki)
Are we looking at the end of the American empire? In May, the International Monetary Fund (IMF) cut its global growth outlook for the second time this year, citing the war in Ukraine and singling out inflation as a “clear and present danger” for many countries.
In this video, Raoul Pal explains his opinion about the timing of a recession, and what the Fed will have to do to keep the economy from dropping into a depression.
Raoul Pal, the founder and CEO of Global Macro Investor and Real Vision says, “I think it will happen at a shocking speed.” Raoul expects that the recession will happen in a matter of months, similar to 1974.
Hosts Robert and Kim Kiyosaki and guest Raoul Pal discuss what exactly is happening in the world’s economy, the likeness of a recession, what’s next for crypto, and if there’s a depression in our future.
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Most Experts Are Wrong About the Economy – Robert Kiyosaki, Raoul Pal
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