Interview recorded – 11th of September 2023

On this episode of the WTFinance podcast I had the pleasure of welcoming back @stevenvanmetre5087 – Money Manager & YouTuber.

During our conversation we spoke about whether US banks are insolvent, whether the FED can save the markets, if this crash will be worse than 2008, what we will see internationally and assets that will perform well during a recession. I hope you enjoy!

0:00 – Introduction
3:37 – Are US banks insolvent?
7:37 – Can the FED bailout banks?
11:24 – Treasury issuing bonds
14:12 – Reverse repo to help increase liquidity?
16:12 – FED to save the markets?
17:57 – Will inflation be higher for longer?
23:41 – Will this crash be worse than 2008?
27:05 – Will it be the end of our current debt cycle?
29:46 – The price to pay for borrowing
31:29 – Dollar strength during this period?
33:26 – What are we seeing internationally?
36:37 – Changing measurements of GDP measurement
38:42 – Assets that will perform well during this recession?
40:36 – One message to takeaway from our conversation?

Steven Van Metre, Certified Financial Planner™ Professional, (CA Insurance License #0D45202 & Investment Advisory Representative with Atlas Financial Advisors, Inc., a Registered Investment Advisory firm.) is the inventor and manager of Portfolio Shield™, the creator of Momentum Timer Pro™, and the President of Steven Van Metre Financial.

Steven Van Metre –

YouTube – @stevenvanmetre5087
Portfolio Shield –
Website –
Twitter –

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BREAKING: Recession News

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The global economy is currently facing unprecedented challenges, and many financial experts believe that the next recession will be far worse than the 2008 financial crisis. One such expert is Steven Van Metre, a prominent financial analyst, and investor, who has been warning about the impending economic downturn.

Steven Van Metre is known for his accurate predictions, and he believes that the 2008 financial crisis was just a precursor to the upcoming collapse. His insights have gained significant attention from investors and economists alike, as he explains the reasons behind his dire predictions.

One of the key reasons Van Metre cites is the massive household and government debt levels, both in the United States and around the world. Since the 2008 crisis, debt levels have exponentially increased, making the global economy even more fragile. As interest rates have remained low, individuals and governments have taken advantage of cheap borrowing costs, resulting in a debt bubble that is ready to burst.

Furthermore, Van Metre highlights the role of central banks in exacerbating these issues. In response to the 2008 crisis, central banks around the world initiated unprecedented levels of quantitative easing, pumping trillions of dollars into the financial system. While this temporarily stabilized the economy, it led to significant distortions such as artificially inflated asset prices.

However, Van Metre warns that the consequences of these policies are yet to be fully realized. As central banks lowered interest rates to historic lows and flooded the markets with liquidity, they unintentionally created a moral hazard. Companies and individuals have become complacent, assuming that central banks will always be there to bail them out. This moral hazard has allowed risky behavior to prosper and has inflated asset prices beyond their true value.

Another important factor that Van Metre highlights is the impact of demographics on the economy. The aging global population, particularly in developed countries, is a significant concern. As the baby boomer generation retires, there will be fewer people in the workforce to drive economic growth. This will put immense pressure on social security systems, healthcare, and pension funds, leading to economic instability.

Van Metre also draws attention to the fragility of the global financial system. The interconnectedness of global markets means that a crisis in one part of the world can quickly spread to others. The 2008 financial crisis demonstrated how swiftly a collapse in the mortgage market in the United States spread to economies worldwide. Van Metre argues that the current economic vulnerabilities are even worse, with emerging markets, European banks, and Chinese debt being major concerns.

In conclusion, Steven Van Metre’s analysis paints a grim picture of the global economy and warns that the next recession will be far worse than the 2008 financial crisis. The combination of record-high debt levels, central bank policies, demographic challenges, and global economic vulnerabilities all contribute to the impending collapse. While it may be challenging to predict the exact timing and magnitude of the next recession, it is crucial for individuals, businesses, and governments to heed these warnings and prepare accordingly.