/biz/ - Business & Finance

>Since 2009, this has been 100% artificial, unprecedented money printing and deficits; $27 trillion over 15 years, to be exact.
>This is off the charts, 100% artificial, which means we're in a dangerous state.
>I think 2024 is going to be the biggest single crash year we'll see in our lifetimes.
>I'm the guy that's praying for a crash while everybody else is not. We need to get back down to normal, and we need to send a message to central banks.
>This should be a lesson I don't think we'll ever revisit. I don't think we'll ever see a bubble for any of our lifetimes again.
>Dent, who spent the majority of his career analyzing proprietary research, credited his against-the-grain prediction to overvalued markets and excessive stimulus spending.
>While recent rallies have overwhelmingly provided investors with mild recession expectations, Dent remained firm that an "everything bubble" will burst next year.
https://archive is/d3SSj
https://www.foxbusiness.com/media/us-economist-predicts-2024-bring-biggest-single-crash-lifetime