The Covid-19 pandemic has caused a ‘savings glut’ in the United States, which goes “completely against” policies designed to stimulate American economic growth, say Max Keiser and Stacy Herbert.
“People are not consuming because we are entering depression,” Max explains, noting that the American economy is not built for savings. “The financial system is collapsing again, this is the global financial crisis part two, it’s the Federal Reserve crisis part 12, and it’s the depression part two.”
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