Raoul Pal: "The Economy Just Broke" As a guest on Robert Kiyosaki’s Rich Dad Poor Dad podcast, Macro Investor Raoul Pal provided a detailed description of why the economy just broke and why we must be careful. Raoul took us through a history lesson, as he drew eerie comparisons to our current troubles, such as rising inflation, commodity shortages, commodity price hikes, and energy crisis, to that of the economic environment during World War II. Raoul provides the framework that our current economic situation has been repeated multiple times in history, and from a historical perspective, we can have a good idea of what to expect and from Raoul’s perspective, this won’t be pretty and we must prepare. But before we listen to Raoul, if you’re not subscribed, make sure you subscribe as we put out daily content to keep you updated on the market.
For those who might not know, ISM is short of Institute of Supply Management. ISM provides a survey offering one of the most reliable economic indicators available, providing guidance to supply management professionals, economists, analysts, government, and business leaders. The survey consists of asking buyers and corporations who buy goods and services, what is their read on the economy, how much inventory is available, pricing, and things of that nature. The surveys are readily available online and they tend to lead the economy. ▬▬▬▬▬▬▬▬▬▬ THIS INTERVIEW WAS POSTED ON JUNE 24, 2022 Listen to the full unedited interview here ⬇ [Credits] 🙏 Most Experts Are Wrong About the Economy - Robert Kiyosaki, Raoul Pal https://www.youtube.com/watch?v=MMsSW...