Peak Prosperity, Released on 4/20/20
Have you read the recent studies claiming that many more people have or have recovered from the coronavirus than are counted officially? So have we. It’s great news, right? It suggests that the fatality rate is MUCH lower than currently calculated and we’re making progress towards national herd immunity, right? Not so fast, warns Chris. He pulls up the actual research studies behind the headlines and show how shaky both its methodology and conclusions are. They’re so bad that other scientists within the research community are calling for an apology. As much as we wish the hype were true, now is a critical time to ensure we’re dealing with accurate data. Bad data = bad decisions. Bad decisions = bad outcomes. Meanwhile, Chris also notes the absolute carnage going on in the oil markets, with near-term oil contracts now trading at negative prices. This is historic and will have MASSIVE implications for the economy and the financial markets going forward. You’ll be hearing more from us on that soon. So stay tuned.
Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris’ latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.