ilmscore | The Great Wealth Transfer 2.0 Has Begun

The Great Wealth Transfer 2.0 Has Begun

Published: 2023-10-14
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
A wealth transfer is occurring from government and central banks to the general public.
"the great wealth transfer 2 know which is a transfer of wealth from the government and the central bank to you me and everybody else"
Great Wealth Transfer 2.0
Pending
The US government is currently running the largest fiscal deficit as a percentage of GDP since before the pandemic, and historically, it has been the largest in over 50 years.
"out of the last 50 plus years the United States government ran its largest fiscal deficit that we've ever seen by a long sha and even today even though our deficit has been reduced now in 2023 on a percentage of GDP basis compared to pre pandemic we're still running the largest deficit we've ever seen since before the pandemic"
US Fiscal Deficit
Pending
Inflation is expected to persist, leading to interest rates remaining higher for longer, with potential for further increases.
"it does not look like this inflation fight is over so not only does it seem like interest rates are going to stay higher for longer but they could still go higher"
Inflation Outlook
Pending
An increase in monetization is predicted to mark the final and largest phase of the long-term debt cycle, leading to a reduction in the value and burden of debts.
"I believe the next significant increase in monetization will probably signal the last and probably biggest leg of the long-term debt Cycles reduction in the value and burdens of debts"
Long-Term Debt Cycle
Pending
A significant amount of wealth accumulated by Baby Boomers is expected to be passed down to Gen X and Millennial generations over the next decade.
"over the next decade or so will start to be passed down to the Gen X and Millennial ears"
Intergenerational Wealth Transfer
Pending
It is predicted that half of inherited wealth will be spent into the economy, contributing to economic growth.
"Americans will only save half of their inheritance that means the other half is getting spent into the economy to grow the economic system"
Inheritance Spending
Pending
A portion of inherited assets will be liquidated into the economy because the next generation may not wish to manage them.
"there's going to be a percentage of these assets that are going to be liquidated into the economy because the Next Generation the Airs of the Baby Boomers whether it's a Gen X whether it's a millennial whether it's a gen Z they're not going to want to manage all of these Assets"
Asset Liquidation
Pending