Saturday, December 17, 2022

Lunch video-----Charlie Munger Predicts Total Economic Collapse

"Charlie Munger warns about the cost of "wretched excess" in the American economy, the huge inflationary bubble bursting and shares his ideas on how this could unravel. Charlie Munger speaks about the problems in todays economy and says we’re flirting with serious trouble and that the financial consequences may be worse than what America dealt with in the 1970's with Paul Volcker.

Charlie Munger warns about possible economic collapse like the 1970's and a stock market crash which could happen with it. Charlie Munger is Warren Buffett's general and is an investor with decades of experience. 

He joins the likes of Ray Dalio, Michael Burry and others in warning about possible stock market and economic crashes due to money printing and inflation.

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