Former Blackrock Manager Ed Dowd joins Steve Bannon’s War Room to discuss the economic crisis and it’s impact on the banking system.
”We’re in a crisis, and the crisis is now starting to manifest itself in bank failures and a hard hard landing in the economy… We are going to see a recession as bad as the one we saw with the SNL crisis. Currently with our economic cycle indicators it’s going to bottom probably 3rd or 4th quarter.”
Ed Dowd: “We’re in a crisis, and the crisis is now starting to manifest in bank failures.”
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