This entire far-reaching interview is worthwhile, including some lucid insight on corporate debt starting at the 27-minute mark, as well as student debt and social security systems starting around 44 minutes.
Influential bond investor Jeffrey Gundlach, the CEO of $150 billion DoubleLine Capital, sees a scenario where U.S. stocks get crushed in the next recession — and likely won’t recover for quite some time to come. Here is a direct video link.
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