We Live in a Bail-Out Nation, the Free Market is Dead: Michael Pento

President and Founder of Pento Portfolio Strategies Michael Pento believes the free market died a long time ago, and our current bail-out nation is headed towards a catastrophe that investors should position themselves for. Michael discusses which asset classes make the most sense to hold in a recession and how we can best prepare for the economic carnage to come.
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00:00 Introduction
00:27 How Does the Debt Crisis End?
04:52 Regional Banking Sector
09:20 Broad Market Crash
14:00 Do Free Markets Still Exist?
17:51 Preserving Wealth
21:40 Opportunities to Grow Wealth
23:40 Biggest Mistakes Investors Make
26:47 Pento Portfolio Strategies
#freemarket #economy #stockmarket

[@inittowinit928]

Great interview! Thank you.

[@shawnkristoferu8303]

One of the rarest honest assessment of the USA economy.

[@tonynewman3631]

Mr Pinto sugarcoats the issues way too much. He should tell us what he really thinks. 😉😉

[@adriancarlin492]

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