Fri, 8 February 2019
Jason Hartman talks to his in-house economist Thomas about the World Economic Forum in Davos and what came out of it. Thomas gives his predictions for the next 2-3 years, why some looming deflation might be a good thing, and whether we're in a 4th leg of the Industrial Revolution.
[2:07] Thomas sees some deflation coming up and doesn't think it'll be that bad
[6:09] Price discovery happens once we've put all the unused assets to work
[9:42] As long as GDP growth + Inflation is higher than the 10 year note, the economy is okay
[17:37] Are the next 5 years going to give us good or are they bringing bad?
[18:46] We're in the midst of the 4th industrial revolution and things are good