The Economy is Heading for Recession, People are Struggling! with Mario Innecco

Interview recorded - 4th of December, 2023On this episode of the WTFinance podcast I had the pleasure of speaking with Mario Innecco.During our conversation we spoke about Mario's thoughts on the economy, why markets have held up, CPI is not real inflation, whether the economy is going into a recession and more. I hope you enjoy!0:00 - Introduction1:50 - What is Mario currently watching in the economy?4:30 - Changed how GDP is measured5:40 - Surprised how markets have held up?7:26 - Not showing real inflation?9:38 - Going into a recession?13:15 - What assets is Mario focusing on?15:20 - Why has gold gone up in price?16:37 - Gold a safe haven again?17:40 - Room for people to invest in assets?19:00 - One message to takeaway from our conversation?Mario has been running his YouTube channel maneco64 since November 2015.His background is in financial markets and economics. He worked for over twenty years in the City of London and specialised in the exchange-traded derivatives market.​Mario dealt for major financial institutions and corporate entities advising clients on the government bond market, interest rates, financial markets in general and the economy. ​He has also been an ardent student of the Austrian School of Economics.​Through his videos and also articles here on his blog he endeavours to inform the public about how the financial markets and our current fiat monetary system functions.Mario Innecco - YouTube -  @maneco64  Twitter - https://twitter.com/maneco1964LinkedIn - https://www.linkedin.com/in/mario-innecco-a329416b/?originalSubdomain=ukWebsite - https://www.maneco64.net/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas