Chris Thornberg: Why The Economic Forecasters Are Dead Wrong
Post Pandemic Economics: Dr Chris Thornberg
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Dr Christopher Thornberg is a founding partner at Beacon Economics'. He’s also the Director/Adjunct Professor of the UC Riverside School of Business Center for Economic Forecasting and Development. Back before it happened, he also famously predicted the 2008 global recession. Chris is a man who in today's news cycle and may be seen as rather a radicle.
One this episode we go FullMonty on:
What we need to be most afraid of right now (It's NOT what you think)!
Why many of the forecasters we look to (Like Ray Dalio) are dead wrong
Why the massive unemployment numbers are not the real indicators of what's going on in the economy
The 5 key questions Real Economists use to forecast (Mind Blowing!)
What happens if we hit a second wave of the pandemic
Why the sacred stock market's rise and fall is a con.
What we actually expect in the third quarter of 2020
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