Lawrence Lepard: Economy Will ‘Die’, Collapse Into ‘Depression’ Unless The Fed Does This

The David Lin Report, Released on 12/6/23 (Recorded on 11/30/23)

The amount of federal debt in the U.S. is going to create a “doomsday machine” that will erode the value of fiat money away and potentially spiral the economy into a depression, according to Lawrence Lepard, Managing Partner of Equity Management Associates.

0:00 – Intro
1;16 – Sound money
3:28 – 2023 economic recap
7:46 – Fed monetary policy
10:45 – Bank failures
13:20 – Stock market rally last month
14:45 – Rate cut in 2024?
18:00 – ‘Doomsday machine’
22:56 – Economic depression
28:08 – Recessions and inflation
32:26 – Federal debt
36:30 – Best asset of 2024
37:51 – Bitcoin
52:16 – Gold
55:12 – Gold miners
1:02:10 – Lawrence Lepard’s career

Lawrence W. Lepard founded Equity Management Associates. Currently, he is Managing Partner at Equity Management Associates LLC and Limited Partner at Johns Creek Partners LLC. He is also on the board of Amarillo Gold Corp. and Rise Gold Corp. In his past career he occupied the position of Principal at The Cue Ball Group LLC, Partner at Summit Partners LP, Managing General Partner at Geocapital Partners LLC, Investment Associate at Continental Illinois Venture Corp., Financial Analyst at Smith Barney Harris Upham & Co., Inc. and Financial Analyst of Citigroup Global Markets, Inc. (Broker). Mr. Lepard received an undergraduate degree from Colgate University and an MBA from Harvard Business School.

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