Part 1/19:

The Future of the U.S. Economy and Global Markets: Insights from Larry McDonald

A Daunting Outlook for the U.S. Dollar and Fiscal Policy

In an in-depth discussion, Larry McDonald, a renowned macroeconomic expert and author, paints a sobering picture of the United States’ economic trajectory. He suggests that the U.S. economic situation increasingly resembles that of an emerging market rather than a stable, developed nation. According to McDonald, bipartisan dysfunction in Washington has created a perilous environment, akin to "smoking in the dynamite shed," signaling an impending default cycle.