What’s Next For The U.S. Economy: Gary Shilling

Financial analyst Gary Shilling says the stock market could be set for a big pullback similar to the decline in the 1930s during the Great Depression. He explains how the coronavirus pandemic will result in long-term structural changes in the economy.

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What’s Next For The U.S. Economy: Gary Shilling

[CNBC]

Do you agree with Gary Shilling? Is there someone else you’d like us to interview for What’s Next? Subscribe to CNBC and let us know what you think in the comments below.

[Bago]

“People should be responsible for their debts.”

Funny how that only applies to individuals, while corporations are encouraged to drown in debt with bailouts at every downturn

[janemunsey]

Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.

[MemoryKasu]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[paternoaparente]

If you call recession every year, you'll eventually be right.

[ethisrising]

The genuine desire to learn and do better in your field is the key which motivates us in the pursuit of expertise, so also in the financial market

[savageman]

Bailout corporations while poor people starve & lose their homes. Pay 4 ur own school.

[Jefemcownage]

2009 he said you should sell everything right before the biggest market expansion ever. In march he said everything is going to nothing.

Not a very good track record.

[patricepavard]

Stock market is down 4% after the huge run up Everyone "its crashing again " 🤦🏻

[Tsubaki]

Shilling might be right if we still had anything left of a functioning market.

[AwesumBear]

"Although cited frequently by various outlets as an expert, his accuracy has been called into question. According to reporting by CBS News, Shilling's predictions were found to have a 38% accuracy rating, much worse than random chance, by an analysis completed by CXO Advisory Group."

[aprohith]

When u have zero interest rates and money printing, stocks can go up infinitely..nobody would care avout earnings, economy or recovery..

[AnnCatsanndra]

5:20 "Give more money to businesses but not to individuals so that they will feel like they are required to continue risking their lives working during the pandemic so that their skills don't rot."

I don't think this guy has trustworthy advice. You can still make things and learn things while staying at home. And given that the scope of "small" businesses still frequently includes millionaires, that sounds like a fine recipe to structurally reinforce economic inequality at cost to the taxpaying people who are paying the government in the first place.


Give the money to the individuals who allow businesses to exist in the first place silly, not just to the people who were already in good enough legal and financial standing to file their incorporation papers. What good is your business if we don't have money to spend at it anyway?

[thundrstruck]

“People should be responsible for their debts.”
A recent study shows the majority of Americans (edit: American businesses) are living dangerously from paycheck to paycheck (edit: bailout to bailout).

[MikePiesco]

@ 9:20 did she say 30-40% from where they are....in May? This video is already several months behind?

[MichaSadowski]

Can we take a moment to appreciate the host? Great interviewing skills.

[amanapart.]

The guy's name is shilling, I would trust him on anything financial.

[gosikh]

When was this interview? It seems this interview was done in May end.

It would be nice to know for sure.

[rankup]

Dude looks like younger version Charlie Munger

[LTEAndroid]

This guy literally said there would be an imminent recession back in 2011. He just keeps calling it untill he's right