by Mac Slavo
People are already taking the expected financial recession pretty badly.
There are literally millions of people in the United States who’ve become deeply entrenched in a struggle to find or hold a good job, while keeping expenses covered on the income they do make.
But most people assume they will shielded from the worst of it, that at some point things will pick up.
Sadly, the forecast is much darker, and the next financial collapse much deeper than almost anyone has prepared for. The outlook from this global strategist at the Macquarie Group is beyond doom and gloom – it is a literal existential crisis.