Argentina's President & the CEO of the Largest US Bank Warn of Economic Fallout | The Gold Spot
While politicians point to isolated and misleading economic victories, prominent figures warn of underlying risk and instability beneath the market calm.
Argentina's President, Javier Milei, railed against the global elite's affinity for #collectivism at #Davos. His country's dire economic straits reveal the consequences of stymieing free markets, pricing, and competition.
Recently, Jamie Dimon, the CEO of JPMorgan Chase, the second-largest bank in the world, struck a similar tone when warning of a global economic “rebellion. " He highlighted the burden of #USdebt and the increasing weight of interest payments.
Both economic virtuosos rebuked the reckless spending and ceaseless borrowing that define the modern fiscal policies of the United States and the global economy. Unfortunately, both political parties are wedded to this irresponsible framework, and the American people are adversely affected either way.
Watch this week’s episode of The Gold Spot video to hear Scottsdale Bullion & Coin Precious Metals Advisor John Karow and Founder Eric Sepanek explain these warnings, uncover why neither political party has the solution, and explain how #ModernMonetaryTheory has contributed to this economic turmoil.
Read more here: https://www.sbcgold.com/blog/argentin...
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⭐ @sbcgold Advisors in this The Gold Spot video:
👤 John Karow, Precious Metals Advisor: https://www.sbcgold.com/about/john-ka...
👤 Eric Sepanek, SBC Founder
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