"There's A Lag In The Real Economy... And It's Hitting Now" - Ed Dowd Warns Of "Huge Credit Crisis Coming"
https://www.zerohedge.com/markets/theres-lag-real-economy-and-its-hitting-now-ed-dowd-warns-huge-credit-crisis-coming

Former Wall Street money manager Ed Dowd is a skillful financial analyst.

Dowd warns the economy can fall out of bed at any time.

"We are going to see commercial real estate go into problem mode. There are a lot of loans that need to be rolled over in 2024 and 25. A lot of these properties are down 80%...

There is huge credit risk coming. The prediction of bank failures is accurate. We are going to see, over the next 12 to 24 months, banks go belly-up.

The real economy is not doing well...

The only thing that has been holding up the GDP growth is government spending.

The only job creation is government jobs, and they don’t actually add to the economy...

46% of small businesses are having problems paying their rent.

There is going to come a time in the next 6 to 12 months this huge shock that we saw in the 2008 financial crisis, and the 2000 bubble where massive layoffs start to happen–it’s inevitable.

OneStop

Forwarded from Shortages Inflation & Water Wars

"There's A Lag In The Real Economy... And It's Hitting Now" - Ed Dowd Warns Of "Huge Credit Crisis Coming"
https://www.zerohedge.com/markets/theres-lag-real-economy-and-its-hitting-now-ed-dowd-warns-huge-credit-crisis-coming

Former Wall Street money manager Ed Dowd is a skillful financial analyst.

Dowd warns the economy can fall out of bed at any time.

"We are going to see commercial real estate go into problem mode. There are a lot of loans that need to be rolled over in 2024 and 25. A lot of these properties are down 80%...

There is huge credit risk coming. The prediction of bank failures is accurate. We are going to see, over the next 12 to 24 months, banks go belly-up.

The real economy is not doing well...

The only thing that has been holding up the GDP growth is government spending.

The only job creation is government jobs, and they don’t actually add to the economy...

46% of small businesses are having problems paying their rent.

There is going to come a time in the next 6 to 12 months this huge shock that we saw in the 2008 financial crisis, and the 2000 bubble where massive layoffs start to happen–it’s inevitable.

ZeroHedge

"There's A Lag In The Real Economy... And It's Hitting Now" - Ed Dowd Warns Of "Huge Credit Crisis Coming"

"...it's inevitable."

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1.2K viewsMay 13 at 20:49