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MarketWatch/Robert Brusca/6-4-2022
“This is not just a perfect storm. This is a perfect storm coinciding with a mega hurricane and the quintessential earthquake/tsunami all at once. Frankly, betting the long shot in the Belmont horse race makes more sense than betting on the Fed avoiding recession from this situation. It could happen. And I could win Powerball.”
USAGOLD note: As the snippet above indicates, Brusca, the chief economist at FAO Economics, sees the Fed rushing down a dark corridor toward disaster. The headline to this article somehow doesn’t match the very bleak content.
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