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Everyone Is So Wrong About This Coming Collapse | Raoul Pal
The “everything bubble” and the “coming collapse” have been controlling the headlines for some time now. Inflation has caused the rise of goods and services, along with housing and cars. Many analysts and pundits are saying a bubble is emerging and will pop, as the Fed keeps rising interest rates. This leads to the “coming collapse”, as many talking heads and pundits are calling for a collapse of epic proportions. Famed ‘Big Short’ Investor Michael Burry, who accurately called the 2008 collapse, in a since-deleted tweet stated; “Today I wondered aloud if this could be worse than 2008”. Famed author Robert Kiyosaki has been suggesting it's now time to buy guns, gold , and bitcoin, as the collapse is near. And trader Gareth Soloway is calling for more pain, as he has been predicting a 12k Bitcoin price. But according to Raoul Pal, the catastrophic collapse that everyone is anticipating won’t be coming, at least to the magnitude that is being narrated. In his weekly AMA, Raoul Pal gave his outlook on what he sees coming in the next 1 to 5 years and gave his thoughts on the coming collapse. While Raoul does acknowledge that more pain is coming, he is a firm believer that the Central Bank will once again print its way out of trouble and cause a deflationary environment. Raoul also stated that yes, people will be hurt by what’s coming, but if you know how to trade this correctly, this is an extraordinary opportunity for those who pay close attention.
Watch the full unedited interview here ⬇ [Credits] 🙏
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