Brink Of ‘Perilous Financial Collapse’, Economy Is A ‘Mirage’ | Jim Thorne

You’re being watched RIGHT NOW and the only way to stop it is by using a VPN. Avoid hacks and protect your privacy before it’s too late! NordVPN offers 65% Off on a 2-year plan 4 extra months! Try it for 30 days or GET YOUR CASH BACK! Jim Thorne, Chief Market Strategist of Wellington-Altus Private Wealth, explains why the global economy is headed towards a “perilous financial collapse“ and what’s next for markets, investors, and consumers. *This video was recorded on April 11, 2024 FOLLOW JIM THORNE: Wellington-Altus Private Counsel: Twitter (@DrJStrategy): FOLLOW DAVID LIN: Twitter (@davidlin_TV): TikTok (@davidlin_TV): @davidlin_tv Instagram (@davidlin_TV): For business inquiries, reach me at david@ *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 1:02 - “Perilous Financial Collapse“ 7:25 - Oil and inflation 10:36 - Debt and deficit 13:07 - Trigger for financial collapse 18:00 - “Economic mirage“ 20:55 - Cost-push theory of inflation 25:15 - Canadians are economically “hopeless“ 33:00 - Market outlook 36:30 - Interest rate outlook 38:50 - Gold and Bitcoin 41:00 - Residential real estate #stocks #bitcoin #economy