Gordon T. Long has been watching auto sales for quite some time. Debt keeps going up and now sales are declining. Corporate debt has escalated and it has become a giant equity to debt swap. It can't keep going the way it's going and it won't. According to Gordon it's all just a matter of timing. The Fed will have to reverse course and flood the system with liquidity once again. Daddy where do business cycles come from? 

Direct download: Gordon_T_Long_20.Nov.18.mp3
Category:general -- posted at: 3:03pm EST



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