Business Insider reported the global economy is in the worst shape since 2009. Jerry Robinson from Follow The Money joins Silver Doctors to discuss.
The interconnectedness of the economy means if one economy falls, other economies can be affected.
The yield curve has inverted with respect to the 3 Month and 10 Year Treasuries. This has historically preceded recessions. However, Robinson says the Fed could cut rates which could halt the issue for now.
Longer term, Robinson says the U.S. debt cannot be paid off and a crisis is ahead. How can we prepare for a crash? Diversification and being less U.S.-centric is key, Robinson says.