Credit Market Implosion Will Be Severe, Says Harald Malmgren | Nicholas Glinsman, Harald Malmgren

Nicholas Glinsman, CEO & CIO at EvoCapital LLC and Harald Malmgren, owner of Malmgren Global LLC, join Jack Farley to discuss the slowing economy: the causes, factors and leaders behind the market.  Do leaders like Powell want a recession? Malmgren seems to believe so even though they wouldn't admit to it. Entering a deep recession before midterm elections can be critical in helping kill inflation. -- Follow Harald Malmgren on Twitter https://twitter.com/Halsrethink Follow Nicholas Glinsman on Twitter https://twitter.com/nglinsman/ Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ -- Attend DAS, crypto and macro’s favorite institutional conference: http://digitalassetsummit.co/ Use code GUIDANCE250 to get $250 off tickets (Only available this week!) -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- (00:00) Introduction (01:01) A Slowing Economy (06:13) Why Is The Economy Slowing So Rapidly? (10:38) Powell, Yellen, and Biden (15:20) How High Will The Fed Hike? (19:39) Liquidity and Volatility  (28:37) Reasons for Deglobalization (36:05) The Crypto World (37:59) Harald's View on Long Term Commodities (42:18) China (48:36) Centralization in Economic Growth (51:59) China Is Running Out of Dollars (57:48) The Dollar Milkshake (1:08:05) President Biden's Legacy -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.