Last week, Research of Deutsche Bank suggests a recession is coming. It is the first big bank to make such move. Deutsche Bank believes that only a recession will slow inflation.
With other words, the Fed printed trillions of US Dollars to keep all employed only to send unemployment surging again, so they can fix what they broke.
Mark Zandi a well-known analyst at Moody’s joins Deutsche Bank’s view. He believes: “Recession risks are uncomfortably high – and moving higher”.
Sven Franssen