WARNING! Wall Street Bubbles To Pop As Trump Resets Govt-rigged Fake Economy
Former Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com is back with a new report called “Danger of Deep Worldwide Recession in 2025.” The new report shows how a weak and mostly fake economy was propped up under the Biden regime and how a crash, this year, is inevitable.
https://rumble.com/v6ibqaa-danger-of-deep-worldwide-recession-in-2025-ed-dowd.html
“What we are going to have going forward is the reversal of deficit government spending, which was juicing the economy with illegals.
Some of them got jobs, but a lot of them got benefits. They got housing accommodations. The NGO system was flush with taxpayer money to facilitate this massive, purposeful logistical operation. People don’t understand that the net legal migration in the US is one million a year. That’s one million people a year. The last four years, we brought in 10 million to 15 million people. That is a new economic variable, and it distorted the economy.
It never got us into expansion territory, but it papered over a lot of the ills we were seeing. Trump’s policies are going to reverse that all out… The velocity of [debt] under Joe Biden really started to rise… Illegal immigration is very inflationary…
In the fourth quarter, the velocity of [debt] is already rolling over. The Trump effect began the moment he was elected. We’ve seen self-deportations. We have seen new tenant rents plunge, and that’s what has been holding up the housing market.”
“We are seeing a recession in 2025. The rest of the globe is already starting to roll over. It’s going to be a worldwide recession. There is going to be a mini housing crisis. Housing has been stagnant for the better part of the year. There is no transaction volume, and nobody can afford homes. We are hitting the 18-year housing cycle. The last housing cycle was in 2007, and you add 18 years and you get 2025…
“This is much like Ronald Reagan in his first term. He was elected with -2% real wages. This was the same phenomenon going into the 2024 Election. So, we are going to have a recession… Then, Trump gets his policies, and he has a very short window of opportunity to get all of his policies enacted. If he does, we will be booming on the other side of this.” Dowd says “Gold is good long term.” Dowd also thinks AI is over-bought and is in a bubble and points out, “there is no money on the other side” of the AI boom. Dowd thinks AI tech will crash just like the internet bubble in early 2000.
https://www.zerohedge.com/political/danger-deep-worldwide-recession-2025-ed-dowd