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George Gammon Explains Why No Economic Crash – Yet

George Gammon Explains Why No Economic Crash - Yet

When Will It Happen?

George Gammon is one of our favorite economic experts. His explanations are very insightful and entertaining. This one really hits the mark.

When Will It Happen? (Answered)

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251,944 views Sep 18, 2023

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Pinned by George Gammon

@GeorgeGammon
Hey guys, we had a technical issue Friday night so this video was only live for about 10 mins. Rereleased it today. Thx for watching!
0:40: The video explains why there hasn’t been an economic crash yet and when the probabilities are highest based on economic indicators. 4:40: Changes in interest rates impact new borrowers and those with maturing debt, but not those with fixed rate debt. 7:20: The video discusses how the Federal Reserve’s interest rates impact corporate borrowers and consumers, affecting housing prices, car loans, and credit card debt. 10:50: The increase in credit card debt due to rising interest rates could lead to a recession or economic crash. 14:49: The probability of a recession or economic crash is extremely high within the next six to nine months. Recap by Tammy AI

George Gammon Explains Why No Economic Crash – Yet

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